At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, ahead of Friday’s on feed report with support from the recent uptick in boxed beef prices. December live cattle closed $.57 higher at $109.35 and February live cattle closed $.67 higher at $114.45. January feeder cattle closed $.12 higher at $140.97 and March feeder cattle closed $.62 higher at $142.60.
A light to moderate direct cash cattle trade took place on Thursday.
