At the Chicago Mercantile Exchange, live cattle were mixed, and feeder cattle closed higher, watching corn, and waiting for the rest of the week’s direct cash business to develop. June live cattle closed $.60 higher at $116.05 and August live cattle closed $.92 higher at $117.40. May feeder cattle closed $.87 higher at $135.85 and August feeder cattle closed $.97 higher at $149.87.
A very light round of direct cash cattle trade took place on Thursday.
