Cash fed cattle prices ended up mainly steady in late trade last week with live sales at mostly $126.00-$126.50/cwt. and dressed sales at $200.
The higher cash trade last week on lighter volume and another day of gains in outside markets helped lift Cattle futures to strong gains on Monday.
Live Cattle futures closed an average of 97¢ higher (60¢ to $1.37 higher).
Feeder Cattle futures closed an average of $1.37 higher (82¢ to $1.82 higher).
Choice boxed beef cutout value was $1.72 higher on Monday afternoon at $208.24/cwt. Select was $1.23 higher at $203.97.
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