At the Chicago Mercantile Exchange, live and feeder cattle closed higher ahead of Thursday Cattle on Feed numbers. February live cattle closed $.45 higher at $137.37 and April live cattle closed $.77 higher at $142.12. January feeder cattle closed $.92 higher at $161.77 and March feeder cattle closed $.10 higher at $161.92.
Buyer interest picked up Wednesday and so did direct cash cattle trade activity. Deals were reported at $135 live in the South and $218 dressed in the North.
