At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of Friday’s On Feed numbers. October live cattle closed $1.02 lower at $144.85 and December live cattle closed $1.40 lower at $149.35. October feeder cattle closed $1.25 lower at $177.87 and November feeders closed $2.27 lower at $178.05.
It took direct cash cattle trade a bit to get rolling this week, but once business got underway things really took off.