At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were lower ahead of the week’s direct business. Feeders had additional pressure from the day’s higher move in corn. December live cattle closed $.72 lower at $107.82 and February live cattle closed $.22 lower at $110.30. November feeder cattle closed $.85 lower at $136.12 and January contracts closed $.87 lower at $133.17.
Direct cash cattle trade activity remained relatively quiet on Tuesday.
