Chicago Mercantile Exchange live and feeder cattle futures were lower ahead of this week’s widespread direct business. Feeders had additional pressure from the gains in corn. August live was down $.40 at $177.47 and October was $.65 lower at $179.65. August feeders were $1.97 lower at $252.85 and September was down $2.10 at $254.10.
Cash cattle country had some live bids on Thursday at $184 to $185 in Kansas and Texas, and $188 in Nebraska, but so far those bids have been passed.
