At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, supported by follow-through buying. August live cattle closed $1.22 higher at $134.12 and August feeder cattle closed $3.22 higher at $172.95.
A very light direct cash cattle trade took place on Thursday. Dressed deals in Nebraska and Iowa were at $222, fully steady with the week’s previous business. Live deals in the South were at mostly $135. For the week live deals have been at mostly $135, $2 lower than last week’s weighted averages.
