At the Chicago Mercantile Exchange, live and feeder cattle ended the day sharply higher, supported by sharply higher boxed beef prices, strong cash trade, and feeders had additional support from the day’s lower move in corn.  June live cattle closed $3.57 higher at $117.12 and August live cattle closed $2.65 higher at $119.25.  August feeder cattle closed $3.17 higher at $152.32 and September feeders closed $2.82 higher at $154.80. 

There was a light to moderate direct cash cattle trade took place on Wednesday. 

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