Chicago Mercantile Exchange live cattle futures ended Friday’s session mixed, mostly modestly higher, on spread trade and the week’s direct business. February was up $.45 at $142.05 and April was $.12 higher at $146.87.
Feeder cattle were lower on technical selling and the modestly higher move in corn. March was down $.62 at $166.10 and April was $.37 lower at $171.42.
A little clean up trade happened this afternoon with Southern live deals at $140, about $4 higher than last week’s weighted averages.