At the Chicago Mercantile Exchange, live cattle closed mostly higher on spread trade and feeder cattle closed higher on oversold signals.  June live cattle closed $.17 higher at $117.57 and August live cattle closed $.27 higher at $118.55.  August feeder cattle closed $.12 higher at $148.40 and September feeder cattle closed $.15 higher at $150.90. 

There was a very light, scattered direct cash cattle trade that took place on Thursday.  Dressed deals ranged from $190 to $191. 

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