At the Chicago Mercantile Exchange, live cattle were lower and feeders were mostly lower ahead of the week’s direct business. October live cattle closed $.70 lower at $143.80 and December lives closed $.90 lower at $149.72. September feeder cattle closed $.37 lower at $183 and October feeder cattle closed $.40 lower at $185.60.
It was a quiet Monday for direct cash cattle business. Bids and asking prices will likely be slow to surface this week.
Cattle futures lower ahead of direct cash business
