At the Chicago
Mercantile Exchange, live and feeder cattle futures ended the day higher on
follow-through buying and short covering.
August live cattle were unchanged at $103.27 and October live cattle
closed $.27 higher at $106.87. August
feeder cattle closed $.10 higher at $142.70 and September feeder cattle closed
$.57 at $143.32.
There was a very light direct cash cattle trade reported in Nebraska on Friday at $97 to $98 live. That was fully steady with the rest of the week’s business.