At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the on feed numbers, with support from the week’s steady to higher cash business and higher boxed beef price during the session. Feeders found additional strength in the lower move in corn. June live cattle were unchanged at $122.92 and August live cattle closed $.17 higher at $122.80. August feeder cattle closed $2.40 higher at $159.55 and September feeder cattle closed $2.05 higher at $161.25.
Direct cash cattle trade through the week has come in dribs and drabs.
