Chicago Mercantile Exchange live and feeder cattle futures were sharply lower on technical selling and some disappointment over recent direct cash and wholesale business. December live was down $4.22 at $170.25 and February was $4.30 lower at $170.97. January feeders were $7.80 lower at $219.32 and March was down $7.40 at $222.72.
Direct cash cattle trade was very quiet on Friday with no significant business taking place. The bulk of the week’s trade wrapped up prior to the Thanksgiving day holiday.