Live cattle mixed waiting for cash business to develop

Live cattle mixed waiting for cash business to develop

At the Chicago Mercantile Exchange, live cattle were mixed and feeders were lower ahead of the week’s direct business.  April live cattle closed $.10 higher at $163.70 and June lives closed $.02 lower at $159.77.  March feeder cattle closed $.75 lower at $186.45 and April feeders closed $.62 lower at $190.72. 

It was another quiet day for direct cash cattle business.  Bids didn’t surface.  Asking prices were at $161 to $162 live in the South, while not established in the North. 

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