Live cattle futures up on higher, light direct trade

Chicago Mercantile Exchange live cattle futures were higher, supported by the steady to higher, but lightly traded, direct business during the session. The USDA’s cattle on feed and inventory numbers are out on Friday the 19th. August was up $.60 at $108.47 and October was $.65 higher at $109.97. Feeder cattle were lower, pressured by …

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