At the Chicago Mercantile Exchange, live and feeder cattle ended the day mostly lower, watching direct business develop. February live cattle closed $.27 higher at $116.72 and April live cattle closed $.02 higher at $123.77. March feeder cattle closed $1.22 lower at $138.27 and April feeder cattle closed $.57 lower at $142.20.
A light to moderate direct cash cattle trade took place on Friday. Live deals in the South were at $114, $1 higher than last week’s weighted averages.
