At the Chicago Mercantile Exchange, live and feeder cattle closed higher on technical support. February live cattle closed $.95 higher at $138.05 and April live cattle closed $1.80 higher at $141.90. March feeder cattle closed $.95 higher at $160.80 and April feeder cattle closed $.92 higher at $166.20.
There was another round of light trade reported in the South on Wednesday at mostly $136, $1 lower than both Tuesday’s and the prior week’s business.