At the Chicago Mercantile Exchange, live cattle are mixed on spread trade and feeder cattle are lower on follow-through selling. August live cattle closed $.55 higher at $107.60 and October live cattle closed $.07 higher at $110.22. August feeder cattle closed $1.02 lower at $143.92 and September feeder cattle closed $.80 lower at $146.57.
A fairly light direct cash cattle trade took place in the North on Friday. Deals in Nebraska were at $168 dressed – about $5 higher than prior week’s weighted averages and at $106 live, about $3 higher than the previous week’s averages.
