At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of Friday’s On Feed numbers. Feeders had additional pressure from the day’s higher move in corn. April live cattle closed $.80 lower at $119.75 and June live cattle closed $1.95 lower at $117.25. April feeder cattle closed $2.47 lower at $135.10 and May feeder cattle closed $3.17 lower at $139.60.
A light direct cash cattle trade developed on Wednesday.
