Chicago Mercantile Exchange live cattle futures were sharply lower,
pressured by the week’s direct cash business and losses on Wall Street. April
was down $2.90 at $105.75 and June was $2.62 lower at $100.02.
Feeder cattle were down sharply on the same factors as the live pit.
March was $2.92 lower at $130.70 and April was down $3.60 at $130.05.
Direct cash cattle markets were quiet Friday after the light to
moderate trade earlier in the week.
