At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower, watching corn and waiting for direct markets to develop. August live cattle closed $.47 lower at $119.77 and October live cattle closed $.40 lower at $124.70. August feeder cattle closed $1.85 lower at $155.52 and September feeder cattle closed $1.27 lower at $157.77.
Another quiet day for direct cash cattle trade activity. Bids have yet to surface. Asking prices were at $120 plus live in the South, while the North was quiet.
