Live cattle mixed ahead of widespread direct trade

Live cattle mixed ahead of widespread direct trade

Chicago Mercantile Exchange live cattle futures were mixed ahead of widespread direct business, while feeders were up on the lower move in corn. October live was down $.45 at $144.35 and December was $.40 lower at $150.05. September feeders were up $.52 at $179.97 and October was $.90 higher at $181.42.

Direct cash cattle trade was limited, with no established trend and most of the major feeding areas remaining quiet. A few dressed sales in Nebraska were reported at $226 to $227, with even lighter live trade in the north at $143.

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