At the Chicago Mercantile Exchange, live cattle were mixed adjusting spreads and feeders were lower watching direct cash business unfold and the lower boxed beef. August lives closed $.02 higher at $135.75 and October lives closed $.22 higher at $141.32. August feeder cattle closed $.92 lower at $177.82 and September feeders closed $.82 lower at $180.97.
There was another round of light direct cash cattle trade reported on Wednesday. Deals in Nebraska were at $140 to $142 live and $227 to $228, mostly $227 dressed.