At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were lower waiting for direct cash business to develop. June live cattle closed $.95 higher at $164.82 and Auguste lives closed $.65 higher at $163.12. August feeder cattle closed $.32 lower at $231.15 and September feeders closed $.37 lower at $233.95.
While packer inquiry improved throughout the day Wednesday, direct cash cattle business remained relatively quiet. Bids were at $167 to $177 live and $280 to $282 dressed.