Tuesday 7th May 2024

At the Chicago Mercantile Exchange, live cattle ended the day mostly lower, and feeders were lower watching corn and the direct markets.  October live cattle closed $.57 higher $146.30 December live cattle closed $.17 higher at $151.07. October feeder cattle closed $2.27 lower at $180.02 and November feeders closed $2.25 lower at $181.27.

It was a relatively quiet Tuesday for direct cash cattle trade activity.  A handful of deals were reported in Iowa at $227 dressed, but not near enough to establish a trend. 

   

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