At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, supported by the sharply higher cash business that took place on Thursday. June live cattle closed $5.77 higher at $174.90 and August lives closed $4.70 higher at $172.37. August feeder cattle closed $2.47 higher at $241.65 and September feeder cattle closed $2.72 higher at $244.95.
It was a wild Thursday for direct cash cattle business. Packers were apparently short-bought coming off the long holiday weekend.