At the Chicago Mercantile Exchange, live cattle were mixed, and feeder cattle were higher watching corn and direct cash business develop. April live cattle closed $.42 lower at $140.10 and June live cattle closed $.55 lower at $136.50. April feeder cattle closed $3.20 higher at $163 and May feeder cattle closed $2.75 higher at $168.
It was an active Wednesday for direct cash cattle trade. Live deals across all areas were marked at $140, $2 lower than last week’s weighted averages.