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Cattle futures end the week lower

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower, pressured by the higher move in corn.  October live cattle closed $.60 lower at $144.50 and December live cattle closed $.45 lower at $150.62.  September feeder cattle closed $1.22 lower at $183.37.  October feeders closed $.85 lower at $186. 

It was a quiet Friday for direct cash cattle business following a couple of days with light to moderate trade.  Deals for the week were at mostly $140 live in the South, $3.50 to $4.50 higher than the previous week’s weighted averages. 

Cattle futures end the week lower

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