At the Chicago Mercantile Exchange, live and feeder cattle futures ended the day lower on profit-taking. August live cattle closed $.62 lower at $123.40 and October live cattle closed $.90 lower at $128.10. August feeder cattle closed $.57 lower at $158.27 and September feeder cattle closed $.45 lower at $162.90.
Another active day for direct cash cattle trade on Thursday. Live deals in the South were at $122, $1 higher than last week’s weighted averages.
