Chicago Mercantile Exchange live cattle futures were mostly lower and feeders were down on spread adjustments and profit taking, getting ready for the week’s widespread direct business. August live was down $.70 at $122.95 and October was $.55 lower at $127.57. August feeder cattle were $.55 lower at $158.77 and September was down $.22 at $162.82.
The country was quiet for most of Wednesday for cash cattle trade. A few scattered deals developed in the South at $121.
