At the Chicago Mercantile Exchange, live and feeder cattle are mixed watching the week’s direct cash business develop. October live cattle closed $.02 lower at $108.52 and December live cattle closed $.52 lower at $111.82. October feeder cattle closed $.42 lower at $140.92 and November feeder cattle closed $.80 lower at $141.25.
It was an active day for direct cash cattle trade across all areas on Thursday. Live business was mostly steady with Wednesday’s trade of $107 live, $2 higher than the prior week’s weighted averages.
