At the Chicago Mercantile Exchange, live cattle were mostly lower and feeders were mixed ahead of widespread direct cash business. Feeders did have some support from the day’s mostly lower move in corn. April live cattle closed $.12 lower at $118.37 and June live cattle closed $.42 lower at $115.85. April feeder cattle closed $1.45 higher at $134.20 and May feeder cattle closed $1.40 lower at $135.87.
Direct cash cattle trade was relatively quiet with just a handful of deals reported.
