At the Chicago Mercantile Exchange, live and feeder cattle are higher ahead of Friday’s on Feed numbers. Feeders have additional support from the lower corn. April live cattle closed $.25 higher at $139.67 and June live cattle closed $.97 higher at $136.95. April feeder cattle closed $.95 higher at $162.72 and May feeder cattle closed $.70 higher at $166.50.
There was another round of light round of direct cash cattle trade reported in parts of the South on Thursday.
