At the Chicago Mercantile Exchange, live cattle closed mixed and feeder cattle closed lower watching corn and direct cash business.  December live cattle closed $.20 lower at $132 and February live cattle closed $.12 higher at $136.82.  November feeder cattle closed $1.25 lower at $156.65 and January feeder cattle closed $1.75 lower at $158.05. 

There was a light to moderate direct cash cattle trade that took place on Wednesday.  Live deals in the South were at $132, $3 higher than last week’s weighted averages. 

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