At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, supported by technical buying and spillover from the broader market. October live cattle closed $1.45 higher at $125.27 and December live cattle closed $1.87 higher at $130.10. October feeder cattle closed $3.55 higher at $160.35 and November closed $3.47 higher at $161.60.
It was a quiet Thursday for direct cash cattle trade activity following the active day on Wednesday. Southern live deals were at mostly $124, steady to $1 higher than last week’s business.
