At the Chicago Mercantile Exchange, live and feeder cattle are higher, led by feeders with support from the mostly lower corn.  June live cattle closed $2.12 higher at $123.10 and August live cattle closed $2.15 higher at $123.17.  August feeder cattle closed $3.25 higher at $158.35 and September feeder cattle closed $2.97 higher at $160.35. 

Direct cash cattle trade activity showed some improvement on Tuesday with a very light, scattered trade reported.  Deals in Iowa were at $197 dressed. 

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