At the Chicago Mercantile Exchange, live and feeder cattle were higher watching corn and the direct markets. August live cattle closed $.62 higher at $174.50 and October lives closed $.65 higher at $177.67. August feeder cattle closed $2.12 higher at $242.37 and September feeders closed $2.07 higher at $245.80.
Another light round of direct cash cattle business developed on Thursday. Deals in parts of Nebraska were at $182 live, about $1 lower than the previous week’s weighted averages.
