At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower on technical selling and concerns about a government shutdown. October live cattle closed $2.30 lower at $184.20 and December live cattle closed $2.50 lower at $187.92. October feeder cattle closed $2.25 lower at $252.47 and November feeders closed $2.77 lower at $254.90.
It was a quiet Friday for direct cash cattle trade activity. There was a light to moderate trade that took place on Wednesday and Thursday.