At the Chicago Mercantile Exchange, live and feeder cattle ended the day mostly lower watching direct business develop.  Feeders were under additional pressure from the day’s mostly higher move in corn.  February live cattle closed $.77 higher at $137.10 and April live cattle closed $.02 higher at $140.10.  March feeder cattle closed $1.40 lower at $159.85 and April feeder cattle closed $1.10 lower at $165.27. 

There was a light to moderate direct cash cattle took place on Tuesday. 

…