At the Chicago Mercantile Exchange, live and feeder cattle were higher on technical buying and the higher boxed beef during the session. October live cattle closed $1.75 higher at $144.55 and December lives closed $1.67 higher at $150.25. October feeders closed $.60 higher at $184.95 and November feeders closed $.55 higher at $186.25.
A quiet Friday for direct cash cattle business. Deals for the week were at $228 to $230 dressed in the North, $3 to $5 below the previous week’s weighted average basis in Nebraska.
