At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher on oversold signals and support from the week’s higher cash trade. October live cattle closed $.57 higher at $107.35 and December live cattle closed $.52 higher at $111.85. September feeder cattle closed $.95 higher at $140.87 and October feeder cattle closed $.97 higher at $142.42.
Another round of light direct cash cattle trade to close out the week. Some dressed business was reported in Nebraska at $165, that’s $2 higher than Thursday’s business and $4 higher than the prior week’s weighted averages. Live deals in Nebraska were at $104, that’s $3 higher than the prior week’s weighted averages. There was also a little cleanup trade that took place in the South at mostly $103, fully steady with the week’s previous business and $2 higher than the prior week’s averages.
