The livestock complex closed mostly lower Wednesday afternoon as traders didn’t see the support they needed develop throughout the day. Still no cash cattle trade has developed. LIVE CATTLE: All in all, the live cattle complex’s day can be summarized as follows: traders yearn to trade the contracts higher, but until immediate fundamental support develops, prices are likely to trade steady, if not a tick lower, as traders don’t want to technically overdo the market’s rally. February live cattle closed …
