At the Chicago Mercantile Exchange, live and feeder cattle futures were lower, with feeders leading the way down on the higher move in corn and other feed ingredients. December live cattle was down $1.00 at $112.05 and February was $1.20 lower at $114.57. January feeder cattle were $1.37 lower at $139.62 and March was down $1.37 at $141.22.

Direct cash cattle trade has been slow to start off the week. Asking prices came in at $112 to $113 in the south and $180 plus in the north.

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