At the Chicago Mercantile Exchange, live cattle were down and feeders were mostly lower with the USDA’s on feed numbers out Friday. October live cattle closed $.97 lower at $124.97 and December live cattle closed $.97 lower at $129.55. October feeder cattle closed $.32 higher at $156.25 and November feeder cattle closed $.27 lower ta $159.07.
A light, scattered direct cash cattle trade took place on Thursday. Deals were at $124 live and $196 dressed, fully steady with the week’s previous business.