At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher watching direct cash business develop. August live cattle closed $2.72 higher at $136.80 and October live cattle closed $2.07 higher at $142.22. August feeder cattle closed $1.97 higher at $173.27 and September feeder cattle closed $1.75 higher at $175.10.
There was some very light direct cash cattle trade reported on Wednesday. Live deals were at $138 and dressed business at $230, both fully steady with the week’s previous deals.