At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct cash business. February live cattle closed $.77 lower at $138.92 and April live cattle closed $.62 lower at $144.20. March feeder cattle closed $.42 lower at $169.52 and April feeder cattle closed $.27 lower at $172.47.
Direct cash cattle trade activity started the week quietly, which is typical for a Monday. Showlists for the week are somewhat higher in Kansas and higher in Texas, Nebraska and Colorado.
