At the Chicago Mercantile Exchange live cattle futures were narrowly mixed ahead of the week’s direct business and Friday’s USDA Cattle on Feed report. Feeders were up on the lower move in corn. February live was down $.20 at $156.80 and April was up $.12 at $160.22. March feeders were $.42 higher at $181.72 and April was up $.42 at $186.30.
Direct cash cattle trade ended the day quiet with the balance of business expected to pick up over the rest of the week.
