At the Chicago Mercantile Exchange, live and feeder cattle closed mostly higher on spread trade and short covering, despite another lower day of cash trade and sharply lower boxed beef prices. December live cattle closed $.47 lower at $107.37 and February live cattle closed $.20 higher at $110.97. January feeder cattle closed $.55 lower at $137.02 and March feeder cattle closed $.30 higher at $138.80.
Another light round of direct cash cattle trade was reported on Wednesday.
