Chicago Mercantile Exchange live cattle futures were mixed ahead of this week’s direct business, while feeders were up on the lower corn. The USDA’s semi-annual Cattle Inventory and monthly Cattle on Feed reports are out Friday. August live was down $.05 at $180.12 and October was $.37 lower at $182.25. August feeders were up $2.60 at $249.25 and September was $2.20 higher at $251.42.
All was quiet in direct cash cattle country Monday afternoon.
Direct cash cattle trade sluggish to begin week
