Chicago Mercantile Exchange live and feeder cattle were lower on follow through selling, with most months down sharply, waiting for the rest of the week’s direct cash cattle business. Feeders had additional pressure from the firm trade in corn. April live was down $.52 at $164.27 and June was $1.02 lower at $158.65. April feeders were $1.50 lower at $197.65 and May was June was down $1.90 at $203.57.
Direct cash cattle trade picked up Friday afternoon.