At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of Friday’s Cattle Inventory report. Feeder cattle had additional pressure from the day’s higher move in corn. February live cattle closed $.95 lower at $115.05 and April live cattle closed $.85 lower at $121.85. March feeder cattle closed $2.07 lower at $137.72 and April feeder cattle closed $1.92 lower at $140.75.
A light to moderate direct cash cattle trade took place on Friday.
