At the Chicago Mercantile Exchange, live cattle ended the day mixed ahead of the USDA’s On Feed numbers. Feeders were lower, pressured by the higher corn. August live cattle closed $.50 lower at $133.37 and October live cattle closed $.25 lower at $138.75. August feeders closed $2.35 lower at $172.50 and September feeders closed $1.77 lower at $175.07.
It’s a quiet end to the week for direct cash cattle trade activity following multiple days light to moderate business.