At the Chicago Mercantile Exchange, live cattle closed mostly higher with support from higher boxed beef. Feeder cattle closed lower, pressured by the day’s sharply higher move in corn. June live cattle closed $.10 lower at $116.335 and August live cattle closed $.10 higher at $119.42. August feeder cattle closed $2.35 lower at $152.85 and September feeder cattle closed $2.27 lower at $154.82.
A very light direct cash cattle trade took place on Thursday in just a couple of areas.
