At the Chicago Mercantile Exchange, live and feeder cattle were pressured by the week’s struggling cash business and fund liquidation. Feeders had additional pressure from the firm move in corn. December live cattle were down $1.60 at $169.27, and February was $2.70 lower at $169.12. January feeders were $5.52 lower at $214.42, and March was down $5.35 at $217.22.
It was a quiet Friday for direct cash cattle business following several days of scattered, light trade.