At the Chicago Mercantile Exchange, live cattle ended the day mostly higher ahead of widespread direct cash trade and the mixed boxed beef prices. Feeder cattle were pressured by the day’s lower move in corn. February live cattle closed $.15 lower at $116.57 and April live cattle closed $.17 higher at $123.95. March feeder cattle closed $.82 lower at $137.45 and April feeder cattle closed $.72 lower at $141.47.
Direct cash cattle trade started the week quietly.
