At the Chicago
Mercantile Exchange, live cattle ended the day sharply higher on oversold
signals and broader market support.
Feeder cattle were sharply higher on the same factors as the live
pig. April live cattle closed $2.60
higher at $105.45 and June live cattle closed $2.42 higher at $99.52. March feeder cattle closed $1.55 higher at
$127.75 and April feeder cattle closed $2.40 higher at $127.95.
A relatively quiet day for direct cash cattle trade activity.
