At the Chicago Mercantile Exchange, live cattle ended the day mixed ahead of Friday’s cattle on feed and inventory numbers. Feeder cattle closed higher on position squaring ahead of Friday’s reports. August live cattle closed $.35 lower at $101.50 and October live cattle closed $.40 lower at $105.72. August feeder cattle closed $.20 higher at $141.52 and September feeder cattle closed $.30 higher at $143.27.
A light to moderate direct cash cattle trade developed across most of cattle country on Wednesday.
