At the Chicago Mercantile Exchange, live and feeder cattle closed higher supported by strong boxed beef prices and supply concerns in the coming months. August live cattle closed $.42 higher at $123 and October live cattle closed $.30 higher at $127.87. August feeder cattle closed $2.20 higher at $169.85 and September feeder cattle closed $2.17 higher at $163.32.
It was a quiet end for direct cash cattle trade following the moderate business that took place throughout the week.
