At the Chicago Mercantile Exchange, live and feeder cattle were mostly higher waiting for the week’s direct cash business to finish up.
There was a light to moderate direct cash cattle trade that took place late in the day Friday. Live deals were at $156, $1 higher than the previous week’s weighted averages. There was a light round of business in the North on Thursday at $248 dressed, fully steady with the prior week’s weighted average basis in Nebraska.
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