At the Chicago Mercantile Exchange, live cattle were mixed waiting for the week’s direct business to develop. Feeders were higher on the lower move in corn. February live cattle closed $.05 lower at $155.82 and April lives were unchanged at $159.57. January feeder cattle closed $1.32 higher at $183.77 and March feeders closed $1.10 higher at $186.37.
It was a quiet start to the week for direct cash cattle trade business. Showlists are mixed, higher in Nebraska/Colorado, but lower in Texas and Kansas.