At the Chicago Mercantile Exchange, live cattle closed mixed and feeders were mostly lower ahead of the release of the Cattle on Feed numbers. October live cattle closed $.02 higher at $103.35 and December live cattle closed $.10 higher at $103.57. October $.30 lower at $133.52 and November feeder cattle closed $.77 lower at $129.65.
It was a quiet end to the week, with just a little cleanup trade in Nebraska at $163. Trade for the week came in incrementally, with light to moderate business every day. Southern live deals ranged from $105 to $106, $2 to $3 lower than last week’s weighted averages. Northern dressed business was mostly at $165 to $166, which is $2.50 to $3.50 below last week’s weighted average basis in Nebraska.
In Missouri, compared to the previous week steers sold $5 to $10 lower and heifers sold $3 to $7 lower.