At the Chicago Mercantile Exchange, live cattle were mixed Wednesday. Feeders were higher on lower prices in corn. February live cattle closed $1.45 lower at $116.00 and April live cattle closed $1.15 lower at $122.67. March feeder cattle closed $1.15 higher at $139.00 and April feeders closed $0.42 higher at $143.60.
Direct cash cattle trade was quiet on Wednesday with light business developing by the end of the day. Prices came in at $114 in Kansas, steady with last week’s weighted average.
