Cattle closed mixed on Thursday with live cattle down on low export totals and feeders higher on a drop in corn prices. Mixed boxed beef limited upward pressure for live cattle. Cattle futures will continue to closely watch cash trade to close the year.
Light direct cash cattle trade was reported in Texas at $138.00, $3.00 higher than last week’s weighted average. At the time of this broadcast, others in the South were holding out for $140.00.
