At the Chicago Mercantile Exchange, live cattle closed lower and feeder cattle were higher watching corn, and direct cash business develop. June live cattle closed $1.12 lower at $133.90 and August live cattle closed $.67 lower at $136.35. May feeder cattle closed $.609 higher at $157.95 and August feeder cattle closed $1.45 higher at $170.40
Another relatively quiet day for direct cash cattle trade. While the bulk of the week’s business has wrapped up, some cleanup trade could trickle in before the end of the week.
