Live cattle mixed heading into Friday

Live cattle mixed heading into Friday

At the Chicago Mercantile Exchange, live cattle ended the day mixed and feeders were lower, watching corn and the direct cash markets.  June live cattle were unchanged at $131.50 and August feeder cattle closed $.60 lower at $165.20. 

It was a quiet Thursday for direct cash cattle trade activity with just a handful of deals reported.  It looks like the bulk of the week’s business has wrapped up, however, some cleanup trade could take place before the end of the day Friday.