At the Chicago Mercantile Exchange, live cattle were lower on profit-taking and feeders were mixed, mostly higher on spread trade and the lower corn. June live cattle closed $.92 lower at $116.75 and August live cattle closed $.82 lower at $120.10. May feeder cattle closed $.95 lower at $136.27 and August feeder cattle closed $.42 higher at $154.12.
It was a typically quiet start to the week for direct cash cattle trade activity.
