At the Chicago Mercantile Exchange, live cattle were mostly lower and feeder cattle closed lower on follow-through selling and the weaker cash trade. August live cattle closed $.25 higher at $103.22 and October live cattle closed $1.25 lower at $104.90. September feeder cattle closed $1.20 lower at $140.02 and October live cattle closed $.97 lower at $140.17.
It was a quiet end to the week for direct cash cattle trade. There’s just not been a lot of activity.