Cattle futures mixed prior to on feed numbers

Cattle futures mixed prior to on feed numbers

Chicago Mercantile Exchange live and feeder cattle futures were mixed ahead of the USDA’s on feed report, which was out after the close. December live was up $.37 at $133.52 and February was $.45 higher at $137.70. January feeders were $.45 lower at $160.92 and March was down $.17 at $163.37.

Direct cash cattle business Friday was limited to clean-up activity. Live trade was at mostly $133 to $134, up $1 to $2 from the previous week, while dressed sales were mainly at $210, about $3 higher than the week before.