At the Chicago

Mercantile Exchange, live and feeder cattle futures closed higher on fund and technical

buying.  August lean hogs closed $1.02

higher at $97.30 and October lean hogs closed $.95 higher at $100.67.  August feeder cattle closed $.22 higher at

$133.07 and September feeder cattle closed $.65 higher at $134.02. 

A light to moderate direct cash cattle trade took place across most of cattle country on Wednesday.  Southern live deals were marked at $95, roughly $1 lower than last week’s weighted averages. 

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