At the Chicago Mercantile Exchange, live cattle futures were mostly lower and feeders were down with a bearish set of weekly export numbers, watching direct business develop. December live was down $.05 at $147.87 and February was $.12 lower at $151.62. November feeders were $.90 lower at $176.42 and January was down $.22 at $177.85.
There was light to moderate direct cash cattle trade on Thursday in the South. Bids were $144, $1 higher than both last week’s weighted average and Wednesday’s deals.