At the Chicago Mercantile Exchange, live and feeder cattle closed higher ahead of the Cattle on Feed report and boxed beef was higher during the session. The near-term numbers look supportive to prices. February live cattle closed $2.25 higher at $139.62 and April live cattle closed $1.80 higher at $143.92. January feeder cattle closed $1.67 higher at $163.45 and March feeder cattle closed $1.82 higher at $163.75.
Direct cash cattle trade activity ended the holiday-shortened week quietly.
