Higher corn pushes cattle futures lower

At the Chicago Mercantile Exchange, live and feeder cattle were lower, feeders led the way down on the strength in corn.  April live cattle closed $.50 lower at $141.42 and June lives closed $0.60 lower at one $137.70. March feeder cattle closed $2.30 lower at $157.72 and April feeder cattle closed $2.75 lower $162.

It was a quiet start to the week for direct cash cattle trade activity.  Showlists this week are lower in Nebraska/Colorado, Kansas, and Texas. 

…