At the Chicago Mercantile Exchange, live cattle closed lower on profit taking and feeder cattle were lower by recent higher move in corn. February live cattle closed $.50 lower at $114.47 and April live cattle closed $.20 lower at $119.30. January feeder cattle closed $.87 lower at $135.82 and March feeder cattle closed $.75 lower at $136.82.
Just some scattered cleanup trade reported in the North on Friday following Thursday’s light to moderate business.
