At the Chicago Mercantile Exchange, live and feeder cattle were lower and sharply lower, with feeders leading the way down on the day’s higher move in corn. October live cattle closed $.15 lower at $142.90 and December live cattle closed $.17 lower at $148.92. September feeder cattle closed $2.27 lower at $179.92 and October feeder cattle closed $2.32 lower at $181.07.
It was a quiet Monday for direct cash cattle business. Bids and asking prices were slow to surface.
