Chicago Mercantile Exchange live and feeder cattle futures were lower on profit taking, getting ready for this week’s direct business. Feeders had additional pressure from the mostly firm move in corn. April live was down $.22 at $168.12 and June was $.90 lower at $161.22. April feeders were $1.87 lower at $198.95 and May was down $2.10 at $203.15.
Monday was a very quiet day with the cash cattle trade at a virtual standstill.
