At the Chicago Mercantile Exchange, live cattle were lower, and feeders were mixed waiting for the week’s direct business to develop. February live cattle closed $.62 lower at $169.95 and April live cattle closed $.37 lower at $173.02. March feeder cattle closed $.92 higher at $225.07 and April feeder cattle closed $.32 higher at $230.10.
Direct cash cattle trade activity was quiet on Monday. Showlists this week are mixed – higher in Texas, about steady in Kansas, and somewhat lower in Nebraska/Colorado.
