Cattle futures mixed with direct cash steady to lower

Cattle futures mixed with direct cash steady to lower

Chicago Mercantile Exchange live cattle were mostly lower and feeders were mixed, watching corn and the direct markets. Direct cash markets were quiet during Wednesday’s session following the light trade Tuesday. June live was down $.42 at $132.30 and August was $.22 lower at $132.52. May feeders were $.10 higher at $154.60 and August was $.20 lower at $167.95.

Boxed beef closed lower, with light to moderate movement. Choice was down $.72 at $262.93 and Select was $1.29 lower at $244.06.