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Live cattle closed with 17 to 42 cent losses on Friday, though the feeders held onto 27 to 35 cent front month gains. Feb live cattle finished the week with a net 80c gain, while March feeders were a net $3.55 higher. Cash trade remained light this week, with some 6.5k sales added on Friday near $172-$173. The 1/11 CME Feeder Cattle Index was $228 flat, up by 25 cents. Weekly CFTC data had spec traders net selling cattle during the week that ended 1/9. That reduced the group’s net long to 13,770 contracts – the weakest since May of ’22. Spec traders added 801 contracts to their feeder cattle p…

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