At the Chicago Mercantile Exchange, live cattle closed mixed ahead of widespread direct business. Feeder cattle were lower, pressured by the day’s higher move in corn. October live cattle closed $.37 higher at $109.20 and December live cattle closed $.20 higher at $111.95. October feeder cattle closed $1.92 lower at $138.12 and November feeder cattle closed $2.40 lower at $137.52.
A slow Tuesday for direct cash cattle trade activity. A few early asking prices were noted in parts of Texas around $110 live.
