At the Chicago Mercantile Exchange, live and feeder cattle were mixed ahead of the week’s direct business. August live cattle closed $.17 lower at $170.50 and October live cattle closed $.47 lower at $174.02. August feeder cattle closed $.27 lower at $233.67 and September feeders closed $.20 lower at $237.50.
It was a typically quiet Monday for direct cash cattle business. Showlists this week are lower across all major feeding areas. Bids and asking were not established.