At the Chicago Mercantile Exchange, live and feeder cattle were lower, pressured by the day’s higher move in corn. April live cattle closed $.15 lower at $146.77 and June live cattle closed $.10 lower at $142.15. March feeder cattle closed $1.25 lower at $166.20 and April feeder cattle closed $1.02 lower at $171.15.
It was a very quiet Thursday for direct cash cattle trade activity. The sole bid that surfaced was at $226 dressed in the North.
