At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower on profit-taking, watching corn, and the direct business. August live cattle closed $1.47 lower at $122.57 and October live cattle closed $1.40 lower at $127.57. August feeder cattle closed $1.55 lower at $157.65 and September feeder cattle closed $1.72 lower at $161.15.
It was a quiet Thursday for direct cash cattle trade activity following the active day on Wednesday. Bids were at $121 live in the South and $125 live in the North.
