At the Chicago Mercantile Exchange, live and feeder cattle were lower, pressured by the higher move in corn and waiting for the week’s direct cash business to develop. June live cattle closed $.62 lower at $135.80 and August live cattle closed $.95 lower at $137.37. May feeder cattle closed $2.62 lower at $159.15 and August feeder cattle closed $2.87 lower at $171.47.
It was a quiet Monday for direct cash cattle trade activity.
