Cash fed cattle trade was still mostly undeveloped for the week through Thursday afternoon.
There were a few live trades in Kansas and Nebraska at $110/cwt., on limited trade and light to moderate demand. That was $1 less than the previous week, but there were too few transactions to trend.
Cattle futures continued in range-bound two-sided trade on Thursday.
Live Cattle futures closed mostly marginally higher, from an average of 27¢ lower to an average of 31¢ higher.
Feeder Cattle futures closed an average of 93¢ higher (62¢ to $1.20 higher).
Choice boxed beef cutout value was $2.31 higher Thursday afternoon at $199.57/cwt. Select was $1.67 higher at $190.76.
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