At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of the week’s direct cash business. Boxed beef was also lower at midday. February live cattle closed $.55 lower at $137.67 and April live cattle closed $.57 lower at $141.87. January feeder cattle closed $1.62 lower at $163.40 and March feeder cattle closed $1.60 lower at $165.87.
It was another relatively quiet day for direct cash cattle trade activity.
