Live Cattle futures continued to grind higher, closing an average of 49¢ higher (5¢ higher at the front to 92¢ higher at the back), supported by stronger cash prices and wholesale beef values.
Feeder Cattle futures closed an average of 75¢ lower in light trade, pressured by the bounce higher in Corn futures.
Grain and Soybean futures closed higher Friday as traders appeared to add weather premium with the dry, hot outlook in the Corn Belt for the next couple of weeks.
Corn futures closed mostly 10¢ to 18¢ higher.
KC HRW Wheat closed 1¢ to 5¢ higher in the front five contracts and then 13¢ to 15¢ higher.
Soybean futures closed 10¢ to 17¢ higher.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS | More