Live and feeder cattle were lower watching direct cash business unfold. December lives closed $3.02 lower at $174.75 and February live cattle closed $3.45 lower at $175.32. January feeders closed $3.40 lower at $227.50 and March feeders closed $3.40 lower at $230.10.
There was a light to moderate direct cash cattle trade on Thursday. Deals in the South were at $178 live, $2 to $3 lower than the previous week’s weighted averages.
