Cattle futures mixed ahead of direct business

Cattle futures mixed ahead of direct business

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher waiting for direct business to develop. April live cattle closed $.80 lower at $185.92 and June live cattle closed $.45 lower at $183.52.  March feeders closed $1.67 higher at $248.82 and April feeder cattle closed $1.40 higher at $253.17.

Direct cash cattle trade activity was quiet, typical for a Monday.  Showlists this week are mixed – higher in Kansas, but lower in Texas, Nebraska, and Colorado. 

    

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