At the Chicago Mercantile Exchange, live cattle were mostly lower and feeders were mixed adjusting spreads, watching the direct cash trade. There continues to be pressure from the ongoing decline in wholesale values. October live cattle closed $.57 lower at $123.60 and December live cattle closed $.87 lower at $128.57. September feeder cattle closed $1.15 higher at $155.87 and October feeder cattle closed $.60 higher at $157.10.
It was quiet Thursday for direct cash cattle trade following the light to moderate business that took place on Wednesday.
