At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit-taking, waiting on direct business to develop.  February live cattle closed $1.87 lower at $193.70 and April lives closed $2.25 lower at $195.52.  March feeders closed $2.95 lower at $264.97 and April feeder cattle closed $2.32 lower at $266.15. Direct cash cattle trade […]

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