At the Chicago Mercantile Exchange, live cattle closed mostly lower and feeder cattle closed mostly higher waiting for the week’s cash business to develop.  Feeders found additional support in the day’s mostly lower move in corn.  April live cattle closed $.70 lower at $122.72 and June live cattle closed $.47 lower at $122.10.  April feeder cattle closed $.25 lower at $144.50 and May feeder cattle closed $.07 higher at $149.70. 

Direct cash cattle trade activity was quiet to start the week. 

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