At the Chicago Mercantile Exchange, live and feeder cattle were mixed watching direct business develop. February live cattle closed $.57 lower at $137.25 and April live cattle closed $.72 lower at $141.95. March feeder cattle closed $.17 lower at $166.17 and April feeder cattle were unchanged at $169.77.
It was an active Wednesday for direct cash cattle trade. Live deals were at mostly $138, those were steady to sightly higher than last week’s business.
