At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher watching direct business develop.  April live cattle closed $1.65 higher at $147.82 and June live cattle closed $1.22 higher at $142.47.  March feeder cattle closed $1.40 higher at $168.27 and April feeder cattle closed $.80 higher at $172.57. 

There was a light to moderate direct cash cattle trade that developed on Wednesday.  Live deals across most areas were at $140, generally steady with last week’s weighted averages. 

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