At the Chicago Mercantile Exchange, live and feeder cattle were higher, shrugging off lower cash and wholesale business. Feeders did the bulk of the heavy lifting Wednesday, finding support in the sharply lower move in corn. August live cattle closed $1.37 higher at $1783.87 and October live cattle closed $.95 higher at $177.02. August feeder cattle closed $1.75 higher at $240.25 and September feeders closed $1.75 higher at $243.72.
A relatively quiet day for direct cash cattle business following the light trade that took place on Tuesday.
