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Cattle futures lower after long weekend

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower waiting for direct cash business to develop.  August lives closed $1.67 lower at $132.92 and October lives closed $1.50 lower at $138.47.  August feeder cattle closed $1.80 lower at $172.70 and September feeder cattle closed $1.55 lower at $176.10. 

It was a quiet Tuesday for direct cash cattle business.  The holiday-shortened week is off to a slow start.  One bid did surface in Nebraska at $145 live. 

Cattle futures lower after long weekend

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