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Cattle, hog futures mostly lower watching cash trade

Live cattle were mostly lower, waiting to see how much direct business is left to be done, and feeders were pressured by the higher move in corn. August live was down $.62 at $136.17 and October was $.50 lower at $141.82. August feeder cattle were $1.67 lower at $177.42 and September was down $1.65 at $180.20.

Direct cash cattle trade was quiet on Thursday with the bulk of the week’s business likely wrapped up.

Cattle, hog futures mostly lower watching cash trade

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