At the Chicago Mercantile Exchange, live cattle ended the day mixed and feeder cattle closed mostly higher, both watching corn and direct cash business develop. June live cattle closed $.15 higher at $116.90 and August live cattle closed $.40 higher at $120.12. May feeder cattle closed $.62 lower at $136.57 and August feeder cattle closed $.95 higher at $152.87.
Another round of light direct cash cattle trade took place on Wednesday. Live deals in parts of Kansas were at $119, which’s fully steady with last week’s weighted averages.
