Chicago Mercantile Exchange live and feeder cattle futures were mixed, getting ready for the week’s widespread direct business. Feeders did pick up some support from the lower move in corn. October live was down $.02 at $122.77 and December was up $.55 at $128.07. September feeders were up $.12 at $155 and October was $.30 higher at $156.67.
It was a typical quiet start to the week for cash cattle trade. Bids and asking prices were not able to establish with the bulk of the week’s business expected to come later.
