At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower ahead of the week’s direct cash business. June live cattle closed $1.65 lower at $130.52 and August live cattle closed $2.02 lower at $130.37. August feeder cattle closed $1.20 lower at $165.12 and September feeder cattle closed $1.17 lower at $168.12.
It was a quiet Tuesday for direct cash cattle trade activity. Bids and asking prices were slow to surface.