At the Chicago Mercantile Exchange, live cattle ended the day lower ahead of the week’s cash business and Friday’s on Feed numbers. Feeder cattle closed higher, finding support from some weakness in corn. June live cattle closed $.07 lower at $120.97 and August live cattle close d$.52 lower at $121.02. August feeder cattle closed $.07 higher at $155.10 and September feeder cattle closed $.15 higher at $157.37.
It was a typically quiet start to the week for direct cash cattle trade activity.