At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher on the recent strength in boxed beef. August live cattle closed $.80 higher at $124.05 and October lean hogs closed $.82 higher at $128.97. August feeder cattle closed $.30 higher at $159.20 and September feeder cattle closed $.35 higher at $162.87.
It was an active Wednesday for direct cash cattle trade. Deals in Nebraska were at $125 live and $198 dressed, which is $1 higher than last week’s business.
