At the Chicago Mercantile Exchange, live and feeder cattle were lower waiting for direct business to develop and the higher move in corn. August live cattle closed $.75 lower at $132.72 and October lives closed $.72 lower at $139.40. August feeder cattle closed $2.30 lower at $171.82 and September feeder cattle closed $1.85 lower at $174.95.
It was a quiet Wednesday for direct cash cattle trade activity. Bids have been slow to surface.
