At the Chicago Mercantile Exchange, live cattle were mostly lower on technical selling, feeders were mixed adjusting spreads. April live cattle closed $.15 lower at $162.15 and June lives closed $.10 lower at $155.80. April feeder cattle closed $.62 higher at $195 and May feeders closed $.17 lower at $198.60.
It was a relatively quiet day for direct cash cattle business following the active day on Wednesday. Bids did surface at $164 live and $264 to $265 dressed.
