Nearby Chicago Mercantile Exchange live and feeder cattle futures notched new record closes Friday as wholesale beef prices continued their surge.
February live was up $.20 at $140.35 and soon-to-expire January feeders were $.20 higher at $170. Choice boxed beef was up $2.92 at $231.71 and Select was $3.81 higher at $229.32 on moderate demand and very light offerings.
Commodity markets will be closed Monday in observance of Martin Luther King Jr. Day.
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