At the Chicago Mercantile Exchange, live cattle ended the day higher on follow-through buying, support from the strength in wholesale values and the potential for tighter cattle supplies later in the year. Feeder cattle closed sharply higher on the same factors, with additional support from the recent weakness in corn. March feeder cattle closed $3.65 higher at $120.72 and April feeder cattle closed $4.70 higher at $118.82.
Direct cash cattle trade ended the week quiet after its moderate to active start.
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