At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct cash business. February live cattle closed $1.05 lower at $156.85 and April lives closed $.92 lower at $160.87. March feeders closed $1.45 lower at $184.77 and April feeders closed $.85 lower at $188.77.
It was a quiet start to the holiday-shortened week for direct cash cattle business. Showlists this week are higher across all major feeding areas.
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