At the Chicago Mercantile Exchange, live cattle were mostly lower ahead of the week’s direct business and feeders were higher on the mostly lower move in corn. April live cattle closed $.40 lower at $164.97 and June live cattle closed $.20 lower at $160.87. March feeders closed $.10 higher at $189.17 and April feeders closed $.65 higher at $194.22.
It was a typically quiet Monday for direct cash cattle business. Showlists this week are higher across all major feeding areas.
