At the Chicago Mercantile Exchange, live cattle closed higher, following feeders, which were supported by the lower move in corn.  Despite lower cash and boxed beef prices.  December live cattle closed $.55 higher at $107.92 and February live cattle closed $.87 higher at $111.85.  January feeder cattle closed $.57 higher at $137.60 and March feeder cattle closed $.45 higher at $139.25. 

Direct cash cattle trade activity was sluggish on Thursday.  Buyers continue to try and push down prices as boxed beef prices continue their slide. 

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