At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were mostly lower waiting for the week’s direct business to develop and watching corn. October live cattle closed $.05 higher at $178.67 and December live cattle closed $.22 lower at $182.92. September feeders closed $.42 lower at $248.57 and October feeder cattle closed $.35 lower at $250.87.
It was another very quiet day for direct cash cattle business. A few bids surfaced at $290 dressed, but they were passed.
