At the Chicago Mercantile Exchange, live and feeder cattle were mixed waiting for direct business to develop. Boxed beef was mixed at midday. February lean hogs closed $.07 lower at $171.85 and April lean hogs closed $.25 higher at $174.75. March feeder cattle closed $.57 higher at $227.02 and April feeders closed $.40 higher at $232.55.
It was another relatively quiet day for direct cash cattle business. Asking prices surfaced in the South at $174 to $175 live.
