At the Chicago Mercantile Exchange, live cattle ended the day lower and feeder cattle were mostly lower watching corn and the direct markets develop. June live cattle closed $.27 lower at $116.45 and August live cattle closed $.77 lower at $119.32. May feeder cattle closed $.12 lower at $136.50 and August feeder cattle closed $1.47 lower at $155.20.
Another round of light direct cash cattle trade was reported on Wednesday. Live deals in the South were at $119 to $120, fully steady with Tuesday business.
