Live cattle limited the week’s draw down with a triple digit gain of as much as 2% on Friday. Feb fats were up by $3.20 for the day, but still down by $3.40 for the week. There have been no Dec cattle deliveries issued yet, the Friday board rally now has Dec at a ~$1-6 discount to the cash. There were a few $166-$168 sales reported on Friday, but USDA maintained the bulk of sales for the week was near $171. Feeder cattle futures closed up by 2.3% on Friday, flipping the board to a net gain for the weekly move. Jan feeders closed 87 cents above last Friday. The CME Feeder Cattle Index for 12/06…