At the Chicago Mercantile Exchange, live and feeder cattle futures were higher, getting ready for widespread direct cash cattle business and Thursday’s weekly export sales numbers. October live was up $.47 at $144.67 and December was $.42 higher at $147.92. October feeders were $1.90 higher at $176.55 and November was up $2.12 at $177.32.
A light trade developed in Eastern Nebraska late Wednesday at $230, about $1 higher than last week’s weighted average. A few bids were on the table in the South but they were being passed. Asking prices are around $145 in the South, and $233 to $235-plus in the North.
