At the Chicago Mercantile Exchange, live cattle closed mostly higher and feeder cattle were mostly lower watching direct cash business. Feeders had additional pressure from the day’s higher move in corn. April live cattle closed $.25 lower at $118.52 and June live cattle closed $.70 higher at $119.67. March feeder cattle closed $.95 lower at $135.25 and April feeders closed $.45 lower at $141.27.
A mostly quiet day for direct cash cattle trade activity on Thursday.