At the Chicago Mercantile Exchange, live cattle were mixed ahead of widespread direct business and feeder cattle closed lower, pressured by the higher move in corn. February live cattle closed $.05 lower at $115 and April live cattle closed $.17 higher at $119.27. January feeder cattle closed $.90 lower at $135.77 and March feeder cattle closed $.85 lower at $136.57.
Another relatively quiet day for direct cash cattle trade activity. There some scattered trade reported in the South at $112 live.
