At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower watching corn and waiting for the rest of the week’s direct business to develop. August lives closed $.95 lower at $172.25 and October lives closed $.92 lower at $174.70. August feeders closed $.45 lower at $238.65 and September feeders closed $.80 lower at $241.47.
Direct cash cattle trade activity was relatively quiet on Thursday. There was a very light round of business in the South at $185 live.
