At the Chicago Mercantile Exchange, live and feeder cattle ended the day mixed, adjusting spreads.  August live cattle closed $.40 lower at $171.85 and October lives closed $.10 higher at $174.80.  August feeder cattle closed $.35 higher at $239 and September feeders closed $.22 higher at $241.70. 

There was another light round of direct cash cattle trade that took place on Friday.  Live deals in Kansas were marked at $186.  Business got underway on Tuesday, deals in the North were marked at mostly $300 dressed, $10 higher than the prior week’s weighted average basis. 

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