Direct cattle trade up sharply on week

Chicago Mercantile Exchange live cattle futures were mostly higher on spread trade, the higher midday boxed beef, and traders preparing for the week’s widespread direct business. April was down $.30 at $129.55 and June was up $.27 at $120.42. Feeder cattle were mostly lower ahead of widespread direct trade. March was down $1.65 at $141.22 …

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