Chicago Mercantile Exchange live and feeder cattle futures were higher with boxed beef up at midday. August live was $.27 higher at $136.45 and October was up $.40 at $142.22. August feeders were $1.15 higher at $178.57 and September was up $1.35 at $181.55.
Direct cash cattle trade was quiet Friday with the week’s business pretty well wrapped up before the day started. This week, Southern live deals have come in mostly at $135, $1 lower than last week’s weighted averages.