At the Chicago Mercantile Exchange, live and feeder cattle started the week lower waiting for direct cash business to develop. April live cattle closed $1.02 lower at $118.97 and June live cattle closed $.92 lower at $117.50. March feeder cattle closed $1.47 lower at $137.20 and April feeder cattle closed $1.45 lower at $141.12.
Direct cash cattle trade activity had a quiet to start the week. Bids and asking prices have yet to develop.