At the Chicago Mercantile Exchange, live cattle were mostly lower and feeders were lower watching corn and Friday’s cleanup direct business. December live cattle were $.25 higher at $132.12 and February live cattle closed $.30 lower at $136.10. November feeder cattle closed $1.07 lower at $156.25 and January feeder cattle closed $1.35 lower at $157.72.
There was a light, scattered direct cash cattle trade that took place Friday afternoon. Live deals on Friday were fully steady with the rest of the week’s business.