At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct business. February live cattle closed $2 lower at $186.32 and April contracts closed $1.95 lower at $288.55.  January feeder cattle closed $2.02 lower at $265.92 and March feeder cattle closed $2.10 lower at $253.60.  There was a light round […]

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