At the Chicago Mercantile Exchange, live cattle ended the day higher, supported by the week’s stronger cash business. Feeders were pressured by the higher move in corn. October live cattle closed $.62 higher at $145.10 and December live cattle closed $.37 higher at $151.07. September feeder cattle closed $.40 lower at $184.60 and October feeder cattle closed $.32 lower at $186.85.
There was light to moderate direct cash cattle business on Thursday following the light to moderate trade that took place on Wednesday.