At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct cash business as markets continued to digest Friday’s On Feed report. April live cattle closed $1.30 lower at $186.20 and June live cattle closed $1.30 lower at $181.60. April feeder cattle closed $1.05 lower at $250.45 and May feeders closed $1.15 lower at $252.62.
Direct cash cattle trade activity started the week in its typically quiet fashion.
