At the Chicago Mercantile Exchange, live cattle closed mostly lower and feeder cattle were higher ahead of the week’s direct business. Feeder cattle had additional support from the day’s lower move in corn. December live cattle closed $.45 lower at $110.17 and February live cattle closed $.37 lower at $112.87. January feeder cattle closed $1.22 higher at $141.05 and March feeder cattle closed $.97 higher at $139.97.
Direct cash cattle trade activity was at a standstill to start the week.
