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More business develops in cash cattle country on Thursday

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Chicago Mercantile Exchange live and feeder cattle futures were lower, watching direct business develop at steady prices on the live basis. April live was down $.77 at $185.35 and June was $.95 lower at $181.22. March feeders were $.60 lower at $249.00 and April was down $1.37 at $253.72.

Some light business was reported in cash cattle country Thursday afternoon. Dressed deals were marked at $290, $2 lower than the previous week. In western Nebraska, live business was steady at $183.

More business develops in cash cattle country on Thursday