At the Chicago Mercantile Exchange, live cattle were mostly lower and feeders were mostly higher watching corn and adjusting spreads.
It was a quiet Friday for direct cash cattle trade activity. Deals for the week were marked at $232 dressed in the North, steady with the previous week’s weighted average basis in Nebraska. Southern live deals were at mostly $140, with a few at $141, fully steady with prior week’s business.
At the Winter Livestock Auction in Kansas, compared to last week feeder steers 900 to 1,025 pounds were $3 to $5 higher.
