At the Chicago Mercantile Exchange, live and feeder cattle were higher, supported by the recent strength in boxed beef prices. Feeders found additional support from the lower move in corn. December lives closed $.57 higher at $149.7 and February lives closed $.57 higher at $152.77. November feeders closed $1.42 higher at $177.82 and January feeders closed $1.95 higher at $179.20.
It was another quiet day for direct cash cattle business. Bids remain slow to surface.
