At the Chicago Mercantile Exchange, live cattle closed mostly lower pressured by the lower boxed beef prices. Feeder cattle were mixed on spread adjustments, with pressure coming from the lower boxed beef values and some support from the day’s lower move in corn. December live cattle closed $.72 lower at $108.87 and February live cattle closed $.17 lower at $112.40. January feeders closed $.02 lower at $139.77 and March contracts closed $.10 higher at $139.42.
