At the Chicago Mercantile Exchange, live cattle were mixed ahead of the week’s direct cash business. Feeders were lower on the higher move in corn. February live cattle closed $.07 lower at $153.55 and April lives were unchanged at $157.62. January feeder cattle closed $.90 lower at $180.90 and March feeders closed $.90 lower at $183.25.
A very light, scattered direct cash trade developed in the North late in the day Wednesday.