At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower, watching direct business develop, lower boxed beef prices also pressured prices. August live cattle closed $1.32 lower at $119.27 and October live cattle closed $1.25 lower at $125.40. August feeder cattle closed $1.67 lower at $157.32 and September feeder cattle closed $1.50 lower at $160.02.
A light direct cash cattle trade developed on Thursday following the moderate business earlier in the week.
