At the Chicago Mercantile Exchange, live cattle were supported by sharply higher boxed beef values and feeder cattle were lower, pressured by the day’s higher move in corn.  June live cattle closed $1.05 higher at $115.47 and August live cattle closed $.75 higher at $118.47.  May feeder cattle closed $1 lower at $130.47 and August feeders closed $1.82 lower at $143.40. 

There was some scattered direct cash cattle trade that developed on Thursday. 

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