At the Chicago Mercantile Exchange, live and feeder cattle closed lower Tuesday after beginning the day higher on tightening supplies. August live cattle closed $.52 lower at $122.92 and October live cattle closed $.77 lower at $128.42. August feeders closed $1.50 lower at $160.70, while September feeders were down $.82, to close at $164.00.

There was only a little light scattered trade Tuesday, with asking
prices not fully established. Significant trade volume will be delayed until Wednesday or later.

…