At the Chicago Mercantile Exchange, live cattle closed higher and feeders were mostly higher, watching direct business. February live cattle closed $.87 higher at $138.55 and March feeder cattle closed $.20 higher at $165.62.
There was another round of light direct cash cattle trade on Wednesday following Tuesday’s light business. Live deals in the South were at $137, fully steady with the week’s previous business. There was also a handful of deals in Nebraska at $218 dressed, also fully steady with Tuesday’s trade.
