At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were lower ahead of the week’s direct cash business and Friday’s On Feed numbers. Feeders had additional pressure from the higher move in corn. December lives closed $.32 higher at $187.20 and February lives closed $.07 higher at $191.07. November feeders closed $.72 lower at $249.72 and January feeders closed $1.90 lower at $250.90.
Direct cash cattle trade activity was pretty quiet for the most part on Wednesday.