
At the Chicago
Mercantile Exchange, live cattle ended the day lower pressured by the broader
markets and the lower wholesale values.
Feeder cattle were mixed on spread trade. August live cattle closed $.85 lower at
$96.35 and October live cattle closed $.25 lower at $99.62. August feeder cattle closed $.32 lower at
$132.87 and September feeder cattle closed $.30 lower at $134.17.
Another round of light to moderate direct cash cattle took place on Wednesday.