At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher ahead of Friday’s Cattle on Feed report, which was neutral. April live cattle closed $.47 lower at $117.85 and June live cattle closed $.12 lower at $115.72. April feeder cattle closed $1.60 higher at $133.85 and May feeders closed $.65 higher at $137.67.
It was a quiet Friday for direct cash cattle trade activity following the light to moderate trade that took place on Thursday.