At the Chicago Mercantile Exchange, live and feeder cattle were up, optimistic about this week’s cash business. April live cattle closed $1.77 higher at $186.57 and June live cattle closed $1.52 higher at $183.72. March feeder cattle closed $1.30 higher at $246.85 and April feeders closed $.72 higher at $251.92.
Direct cash cattle trade activity was relatively quiet Thursday. Asking prices were around $182-plus live in the South and $290 dressed in the North.
