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Cattle futures mixed as traders prepare for direct business

Chicago Mercantile Exchange live cattle futures were mostly lower and feeders were mostly higher, watching corn and waiting for the week’s direct business. December live was up $.05 at $151.57 and February was down $.70 at $152.55. January feeders were $.87 higher at $179.45 and March was up $.62 at $181.77.

Direct cash cattle markets were quiet. The big feature was the distribution of this week’s show list, which looks mixed, larger in Kansas, Nebraska, and Colorado, smaller in Texas.

Cattle futures mixed as traders prepare for direct business

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