Cattle futures off to a slow start

Cattle futures off to a slow start

At the Chicago

Mercantile Exchange, live cattle closed mixed ahead of widespread direct cash

business and spread adjustments.  Feeder

cattle were mixed on the same factors.  February

live cattle closed $.27 lower at $126.42 and April live cattle closed $.10

lower at $127.67.  January feeder cattle

closed $.12 lower at $145.42 and March feeder cattle closed $.30 lower at

$144.50. 

It’s a typical start to the week for direct cash cattle trade activity. 

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