At the Chicago Mercantile Exchange, live and feeder cattle closed higher, supported by the week’s stronger direct business. August live cattle closed $1.10 higher at $102.82 and October live cattle closed $1.12 higher at $107.87. August feeder cattle closed $1.65 higher at $144.67 and September feeder cattle closed $1.80 higher at $146.22.
A quiet end to the week for direct cash cattle trade. There was a moderate trade throughout the week with Southern live trade at mostly $97 while Northern dressed deals have been marked at mostly $160.
