Chicago Mercantile Exchange live and feeder cattle futures were lower, watching corn and the development of the week’s direct business. October live was down $.22 at $121.77 and December was $.45 lower at $127.05. September feeders were down $.12 at $154.27 and October was $1.50 lower at $154.62.
Direct cash cattle trade was light to moderate on Wednesday with Southern live deals mostly coming in at $124, steady with last week’s weighted averages.
