At the Chicago

Mercantile Exchange, live and feeder cattle futures closed sharply higher,

supported by follow-through buying and an improved weekly export sales report.  August live cattle closed $1.97 higher at

$103.27 and October live cattle closed $2.05 higher at $106.60.  August feeder cattle closed $3.17 higher at $142.60

and September feeder cattle closed $3.20 higher at $142.75. 

Direct cash cattle trade was quiet on Thursday.  There were just a few bids on the table at $96.50 live and $157 dressed, both of those were in Nebraska. 

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