At the Chicago Mercantile Exchange, live and feeder cattle closed higher, supported by the week’s stronger cash business. Feeders had additional support from the lower move in corn. February live cattle closed $.72 higher at $178.45 and April live cattle closed $.97 higher at $181.67. March feeders closed $1.52 higher at $239.70 and April feeders closed $1.67 higher at $245.60.
Direct cash cattle trade activity was relatively quiet Friday following the active day on Thursday.
