At the Chicago Mercantile Exchange, live and feeder cattle were mixed, mostly lower ahead of widespread direct cash trade. February live cattle closed $1.07 lower at $113.40 and April live cattle closed $.95 lower at $118.35. January feeder cattle closed $.17 higher at $136 and March feeder cattle closed $.07 higher at $136.90.
A quiet start to the week for direct cash cattle trade activity. Bids and asking prices have yet to surface.