At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of this week’s direct cash business. February live cattle closed $1.07 lower at $136.25 and April live cattle closed $1.47 lower at $140.57. March feeder cattle closed $1.32 lower at $165.35 and April feeder cattle closed $1.42 lower at $169.45.
It was a typically quiet Monday for direct cash cattle trade activity. Showlists are mixed – higher in Texas, but lower in Kansas and Nebraska.
