Live cattle higher to start the week

At the Chicago Mercantile Exchange, live cattle closed higher, supported by higher boxed beef during the session and waiting for direct cash business to develop and feeder cattle were mixed adjusting spreads.  June live cattle closed $.97 higher at $134.80 and August live cattle closed $.77 higher $136.62. May feeder cattle closed $.52 higher at $159.90 and August feeder cattle closed $0.25 lower at $173.30.

Direct cash cattle trade activity started the week off quietly. 

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