At the Chicago Mercantile Exchange, live cattle were mixed and feeder cattle were mostly lower adjusting spreads, watching corn and waiting for cash business to develop. August live cattle closed $1.37 lower at $124.42 and October live cattle closed $1.40 lower at $130.30. August feeder cattle closed $.72 higher at $159.30 and September feeder cattle closed $.62 lower at $165.15.
Direct cash cattle trade activity has been very slow to develop this week.
