At the Chicago Mercantile Exchange, live and feeder cattle ended the day mostly higher waiting for direct business to develop. December live cattle closed $1.17 higher at $111.75 and February live cattle closed $1.05 higher at $113.95. January feeder cattle closed $.77 higher at $138.60 and March feeder cattle closed $.85 higher at $138.12.
Direct cash cattle trade has been relatively quiet, with business mostly non-existent. Trade had been expected to develop earlier in the week due to the Thursday holiday.
