At the Chicago Mercantile Exchange, live cattle were lower, and feeders were mixed watching direct business.  October live cattle closed $.82 lower at $143.77 and September feeder cattle closed $.57 higher at $183.02. 

There was another round of light to moderate trade on Wednesday following Tuesday’s business.  Deals in the North were at $232 to $233 dressed, $1 lower than last week’s weighted averages basis in Nebraska.  Live deals earlier in the week were marked at $142 in the South, generally steady with last week’s business.  Look for some additional business to take place over the balance of the week. 

At the Hub City Livestock Auction in South Dakota, compared to last week, the best test was on steers 900 to 950 pounds, and heifers 900 to 950 pounds, which were mostly steady with other weight classes of steers and heifers not well compared. 

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