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.