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Cattle futures mostly lower to start the week

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At the Chicago Mercantile Exchange, live and feeder cattle were mostly lower, waiting for the week’s direct business to develop.   April live cattle were unchanged at $187.60 and June live cattle closed $.40 lower at $183.02.  April feeder cattle closed $1 lower at $253.10 and May feeders closed $1.37 lower at $255.37.

Direct cash cattle trade activity was quiet Monday. Showlists this week are mixed – higher in Nebraska/Colorado, but lower in Kansas and Texas. 

Cattle futures mostly lower to start the week