At the Chicago Mercantile Exchange, live cattle ended the day lower and feeder cattle were mostly lower ahead of this week’s widespread direct cash business. August live cattle closed $.75 lower at $102.27 and October live cattle closed $.80 lower at $107.47. August feeder cattle closed $.17 lower at $144.70 and September feeder cattle closed $.45 lower at $146.62.
A light to moderate direct cash cattle trade took place in Kansas on Tuesday.