At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the USDA’s Cattle on Feed report. Stronger cash business for the week was also supportive. December live cattle closed $.75 higher at $152.42 and February lives closed $.67 higher at $155.52. November feeders closed $.80 higher at $178.35 and January feeders closed $1.12 higher at $180.37.
It was a quiet Friday for direct cash cattle business following an active day on Thursday.
