More business develops in cash cattle country on Thursday

More business develops in cash cattle country on Thursday

Chicago Mercantile Exchange live and feeder cattle futures were lower, watching direct business develop at steady prices on the live basis. April live was down $.77 at $185.35 and June was $.95 lower at $181.22. March feeders were $.60 lower at $249.00 and April was down $1.37 at $253.72.

Some light business was reported in cash cattle country Thursday afternoon. Dressed deals were marked at $290, $2 lower than the previous week. In western Nebraska, live business was steady at $183.

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