At the Chicago Mercantile Exchange, live and feeder cattle ended the day sharply lower, with feeders leading the way down on the recent rally in corn. February live cattle closed $2.72 lower at $112.30 and April contracts closed $3 lower at $116.25. January feeder cattle closed $4 lower at $134.95 and March feeders closed $4.20 lower at $136.02.
A quiet start to the new week and new year for direct cash cattle trade.
