At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were lower watching Friday’s direct business develop and waiting for the On Feed numbers. June lives were $.30 higher at $175.67 and August lives closed $.02 higher at $173.55. May feeders closed $.55 lower at $242 and August feeders closed $.80 lower at $253.50. 

There was a light to moderate direct cash cattle trade that took place Friday.  Live deals were marked at $182 in the South and $183 in the North, steady with the previous week’s weighted averages. 

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