At the Chicago Mercantile Exchange, live cattle were mostly lower, and feeders were lower ahead of the week’s direct cash business and Friday’s On Feed numbers. October live cattle closed $.45 lower at $125 and December lives closed $.40 lower at $130.02. October feeder cattle closed $.65 lower at $155.10 and November feeder cattle closed $.50 lower at $158.85.
It was a quiet Tuesday for direct cash cattle trade activity. There were a few scattered asking prices that surfaced around $126 live in the South.
