At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of Friday’s On Feed numbers. The report is relatively friendly for cash and futures markets as long as demand remains strong. October live cattle closed $2.10 higher at $187.07 and December live cattle closed $1.85 higher at $191.35. October feeder cattle closed $1.37 higher at $259.15 and November feeder cattle closed $.82 higher at $263.52.
It was a quiet Friday for direct cash cattle trade activity following the solid day of business on Thursday.
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