Cattle futures down ahead of week’s direct business

Chicago Mercantile Exchange live and feeder cattle were lower, with feeders leading the way down on the higher move in corn. Both were also watching the distribution of this week’s direct show list. June live was down $.77 at $132.82 and August was $.95 lower at $132.90. August feeders were $1.90 lower at $171.97 and September was down $1.75 at $174.55.

Direct cash cattle markets were quiet. The day’s big feature was the distribution of this week’s show list.

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