At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher watching corn, and waiting for direct cash business to develop. April live cattle closed $.07 lower at $164.60 and June lives closed $.02 lower at $160.20. March feeder cattle closed $.67 higher at $187.32 and April feeders closed $.25 higher at $191.15.
It was another quiet day for direct cash cattle business. Bids never surfaced. Asking prices were at $163 live in the South, while not established in the North.