At the Chicago Mercantile Exchange, live cattle and feeder cattle are higher, supported by the week’s cash trade and higher boxed beef during the session. April live cattle closed $1.02 higher at $140.50 and June closed $1.15 higher at $137.07. April feeder cattle closed $1.22 higher at $162.32 and May feeder cattle closed $1.57 higher at $167.45.
It was a quiet Friday for direct cash cattle trade following the light to moderate business that took place on Thursday.