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Feeder cattle higher on the lower move in corn

At the Chicago Mercantile Exchange, live cattle were mostly higher and feeders led the way higher on the sharply lower move in corn.  August lives closed $.40 higher at $132.57 and October lives closed $.12 lower at $138.77.  August feeder cattle closed $2.87 higher at $173.60 and September feeders closed $2.45 higher at $176.22.   

It was a relatively quiet Thursday for direct cash cattle business following a fairly active day on Wednesday.

Feeder cattle higher on the lower move in corn

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