Chicago Mercantile Exchange live and feeder cattle were sharply lower on the drop in the Dow Jones Industrial and the lower midday boxed beef, while waiting for the week’s direct business. December live cattle were down $2.70 at $185.65 and February was $2.87 lower at $190.30 November feeder were $5.35 lower at $250.35 and January was down $5.07 at $254.27.
In direct cash cattle trade, a light live trade was reported in parts of the South at $182, $1 lower than last week’s weighted averages.
