At the Chicago Mercantile Exchange, live cattle closed lower and feeder cattle mostly lower, pressured by the week’s slightly lower cash trade. Feeder cattle had additional pressure from the day’s higher move in corn. October live cattle closed $.60 lower at $107.7 and December live cattle closed $.72 lower at $109.55. October feeder cattle closed $.55 higher at $138.92 and November feeder cattle closed $.15 higher at $136.47.
Another round of very light, scattered direct cash cattle trade took place on Thursday.
