At the Chicago Mercantile Exchange, live and feeder cattle were higher with feeders leading the way on the lower move in corn. December live cattle closed $1.50 higher at $153.07 and February lives closed $.87 higher at $155.02. January feeders closed $2.05 higher at $181.70 and March feeders closed $2 higher at $183.80.
There was a light direct cash cattle trade that took place in the North on Thursday. Live deals were at $153 and dressed deals at $242.50, generally steady with the week’s previous business.