At the Chicago Mercantile Exchange, live and feeder cattle ended the day mixed ahead of widespread direct cash business and Friday’s On Feed numbers. February live cattle closed $.17 lower at $115.12 and April live cattle closed $1.22 lower at $122.92. March feeder cattle closed $.22 lower at $138.20 and April feeder cattle closed $1.00 at $141.75.
A very light, scattered direct cash cattle trade took place on Thursday. Live deals in parts of Nebraska were at $113 to $114, that’s steady to slightly higher than last week’s weighted averages.
