At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were higher watching weather, and waiting for widespread direct business to develop. February live cattle closed $.02 lower at $173.10 and April lives closed $.45 higher at $175.62. March feeders closed $.95 higher at $229.77 and April feeders closed $.92 higher at $235.20.
Direct cash cattle trade act has been quiet all week. Bids surfaced at $175 live and $273 dressed.
