At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the bulk of the week’s direct cash business. December live cattle closed $1.97 higher at $186.97 and February lives closed $1.92 higher at $191.25. November feeders closed $1.65 lower at $252 and January feeders closed $1.45 higher at $253.30.
Wednesday was a fairly active day for direct cash cattle business. Live deals in Kansas and Texas were at $183, $1 higher than the prior week’s weighted averages.
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