Cattle futures up ahead of wide-spread direct business

At the Chicago Mercantile Exchange, live and feeder cattle were up, waiting on direct business to develop.  Feeders were sharply higher on the continued tight market-ready supplies.  December live cattle closed $1.02 higher at $239.90 and February live cattle closed $1.17 higher at $243.40.  November feeder cattle closed $5.22 higher at $374.05 and January feeder […]

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