Chicago Mercantile Exchange live cattle futures were mixed, adjusting spreads ahead of this week’s widespread direct business, while feeders were up on the drop in corn. August live was up $.37 at $178.67 and October was $.35 higher at $179.95. August was $.97 higher at $244.20 and September was up $1.10 at $247.45.
Direct cash cattle trade was sluggish on Wednesday as talks between buyers and sellers have been very limited. Significant trade volume could be delayed until Thursday or Friday.
