At the Chicago Mercantile Exchange, live cattle ended the day higher on oversold signals and the week’s stronger cash trade. Feeder cattle were pressured by the higher move in corn. June live cattle closed $.95 higher at $121.05 and August live cattle closed $.45 higher at $121.55. August feeder cattle closed $2.37 lower at $155.02 and September feeder cattle closed $1.87 lower at $157.22.
It was a quiet end to the week for direct cash cattle trade activity.
