Chicago Mercantile Exchange live and feeder cattle futures were higher, with feeders in the lead on the lower corn, waiting for the week’s direct business. August live was up $.10 at $178.15 and October was $.10 higher at $179.60 August feeders were $.95 higher at $245.60 and September was up $.70 at $248.97.
After a nearly week-long standoff, some light direct cash cattle trade was reported in parts of Nebraska late Friday afternoon at $294, almost $1 lower than last week’s weighted average.
