At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct cash business. December live cattle closed $1.32 lower at $185.35 and February live cattle closed $1.15 lower at $189.62. November feeders closed $1.22 lower at $249.65 and January feeders closed $1.92 lower at $251.85.
It was a quiet Monday for direct cash cattle business. Showlists this week are mixed – higher in Nebraska/Colorado, somewhat lower in Kansas, and lower in Texas.