At the Chicago Mercantile Exchange, live and feeder cattle were mixed ahead of the week’s direct business. February live cattle closed $.60 lower at $173.77 and April live cattle closed $.47 lower at $176.90. March feeders closed $.67 lower at $231.27 and April feeders closed $.37 lower at $237.10.
Direct cash cattle trade activity was quiet Monday. Showlists this week are mixed – higher in Kansas, lower in Texas, Nebraska, and Colorado. Bids and asking prices didn’t surface.
