At the Chicago Mercantile Exchange, live cattle were mostly higher and feeders were higher supported by the stronger boxed beef prices. February live cattle closed $.42 higher at $137 and April live cattle closed $.45 higher at $140.97. March feeder cattle closed $1.05 higher at $166.72 and April feeder cattle closed $1.70 higher at $170.47.
It was a quiet Thursday for direct cash cattle trade following back-to-back days of light business earlier in the week.