At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of wide-spread direct cash business. Feeders had additional pressure from the day’s higher move in corn. April live cattle closed $.32 lower at $122.40 and June live cattle closed $1.17 lower at $120;92. April feeder cattle closed $2.05 lower at $142.45 and May feeders closed $2.37 lower at $147.32.
Another quiet day for direct cash cattle trade activity.
