At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of Friday’s Cattle on Feed report. Feeder cattle had additional pressure from the modestly higher move in corn. October live cattle closed $.45 lower at $107.57 and December live cattle closed $.87 lower at $111.50. October feeder cattle closed $1.95 lower at $140.32 and November feeder cattle closed $2.20 lower at $140.15.
It was a pretty quiet end to the week following Thursday’s moderate to active trade in most areas.
