At the Chicago Mercantile Exchange, live and feeder cattle were higher, optimistic about stronger cash business this week.  February live cattle closed $.70 higher at $175.35 and April lives closed $.52 higher at $178.35.  March feeders closed $.12 higher at $233.77 and April feeders closed $.25 higher at $239.80.

There was a very light, scattered direct cash cattle trade reported Wednesday.  Live deals in Kansas were at $174, $1 higher than the previous week’s weighted averages. 

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