Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, supported by cash and wholesale business ahead of the USDA’s Cattle on Feed report. Feeders had additional support from the lower move in corn. April live was up $1.35 at $187.90 and June was $1.17 higher at $183.87. March feeders were $2.52 higher at $254.57 and April was up $3.27 at $259.97.
Business finally picked up on Friday in cash cattle country.
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