At the Chicago Mercantile Exchange, live and feeder cattle were higher waiting for direct business to develop.  August live cattle closed $3.27 higher at $180.17 and October lives closed $2.52 higher at $182.62.  August feeders closed $1.65 higher at $246.65 and September feeders closed $1.90 higher at $249.22.

Direct cash cattle trade activity spent much of the week waiting to see who would make the first move, buyers or sellers.  Friday ended with another round of light business that took place. 

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