At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of Friday’s On Feed numbers from the USDA and waiting for cash business to develop.  October live cattle closed $1.80 lower at $184.97 and December live cattle closed $2.02 lower at $189.50.  October feeder cattle closed $2.80 lower at $257.77 and November feeders closed $2.87 lower at $262.70. 

There was a solid round direct cash cattle business that developed on Thursday. 

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