At the Chicago Mercantile Exchange, live and feeder cattle closed lower, pressured by the week’s lower cash trade and lower boxed beef prices during the session. October live cattle closed $.62 lower at $107.15 and December live cattle closed $.92 lower at $108.62. October feeder cattle closed $.82 lower at $138.10 and November feeder cattle closed $1.45 lower at $135.02.
It was a relatively quiet Friday for direct cash cattle trade following the light to moderate business that took place on Wednesday and Thursday.
