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At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher supported by the sharply higher direct business during the week. June lives closed $1.52 higher at $176.42 and August live cattle closed $.52 higher at $172.90. August feeder cattle closed $.25 higher at $241.90 and September feeders closed $.05 higher at $245.00.
It was a quiet end to the week for direct cash cattle trade following the very active day on Thursday which resulted in sharply higher prices.
Written by: Leah Jones