At the Chicago Mercantile Exchange, live cattle were mostly lower, and feeders were lower, pressured by the week’s lower cash trade. June live cattle closed $.17 lower at $133 and August live cattle closed $.42 lower at $133.47. August feeder cattle closed $.65 lower at $166.77 and September feeder cattle closed $.82 lower at $169.22.
It was an active day on Tuesday for direct cash cattle trade. Live deals in the South were at $138, $2 lower than last week’s weighted averages.
