At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, supported by the continued run-up in boxed beef prices. August live cattle closed $.72 higher at $124.02 and October live cattle closed $.92 higher at $129.05. August feeder cattle closed $2.27 higher at $158.85 and September feeder cattle closed $2.42 higher at $163.35.
A light direct cash cattle trade took place on Wednesday. Deals in parts of the North were at $200 dressed, steady to $2 higher than the bulk of last week’s business.
