At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher on follow-through buying. Feeder cattle found additional support in the day’s lower move in corn. August live cattle closed $.55 higher at $101.45 and October live cattle closed $1.05 higher at $106.05. August feeder cattle closed $1.27 higher at $141.97 and September feeder cattle closed $1.27 higher at $142.57.
Another round of light to moderate direct cash cattle trade took place on Thursday.
