Chicago Mercantile Exchange live cattle futures were modestly higher, watching the rest of the week’s direct cash cattle business develop. Weekly export sales were up on the week and from the four-week average. October was $.42 higher at $105.52 and December was up $.47 at $109.90.

Feeder cattle futures were supported by technical buying. September was up $.82 at $140 and October was $.97 higher at $140.57.

There was light trade Friday in the South at $102, a dollar higher than most of the week.

…