At the Chicago Mercantile Exchange, live and feeder cattle closed lower, pressured by direct cash business.  October live cattle closed $2.45 lower at $178.30 and December live cattle closed $2.50 lower at $178.12.  September feeders closed $4.17 lower at $239.50 and October feeders closed $4.95 lower at $235.95.  Direct cash cattle trade took all week […]

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