At the Chicago
Mercantile Exchange, cattle futures ended the day higher on follow-through
buying and the week’s improved direct cash business. August live cattle closed $.75 higher at
$100.00 and October live cattle closed $.65 higher at $104.57. August feeder cattle closed $1.22 higher at
$135.75 and September feeder cattle closed $1.15.
Direct cash cattle trade ended the week quietly. There was a lone bid hanging round on Friday at $155 dressed. The week saw light to moderate business just about every day with dressed deals ranging mostly from $155 to $157 and live deals in the South around $95 most of the week.