At the Chicago Mercantile Exchange, live cattle were lower, and feeder cattle were mostly lower, pressured this week’s lower cash trade. August live cattle closed $1.45 lower at $104.05 and October live cattle closed $1.77 lower at $107. August feeder cattle closed $.22 higher at $142.47 and September feeder cattle closed $1.30 lower at $141.77.
A light to moderate direct cash cattle trade took place across cattle country on Wednesday. Deals this week are running slightly below last week’s weighted averages.
