At the Chicago Mercantile Exchange, live and feeder cattle ended the day mixed watching corn and direct business develop. June live cattle closed $2.42 lower at $113.55 and August live cattle closed $2 lower at $116.60. August feeder cattle closed $2.20 lower at $149.15 and September feeder cattle closed $1.55 lower at $151.97.
It was a relatively quiet Tuesday for direct cash cattle trade. Bids have been slow to surface. Showlists are mixed – somewhat lower in Kansas and Texas, but higher in Nebraska/Colorado.