At the Chicago Mercantile Exchange, live cattle were mostly lower and feeder were down sharply, with boxed beef lower at midday.  Feeders had additional pressure from the day’s higher move in corn.  June live cattle closed $.05 higher at $116.82 and August live cattle closed $.45 lower at $118.07.  August feeder cattle closed $3.02 lower at $149.92 and September feeder cattle closed $2.75 lower at $152.75. 

There was another round light, scattered direct cash cattle trade to finish the week. 

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