Cattle, hog futures pressured at midweek

At the Chicago Mercantile Exchange, live and feeder cattle ended the day lower, watching direct cash business develop.  Feeders had additional pressure from the higher move in corn.  April live cattle closed $.70 lower at $144.75 and June live cattle closed $1.27 lower at $141.12.  March feeder cattle closed $1.45 lower at $162.77 and April feeder cattle closed $.85 lower at $168.27. 

Direct cash cattle trade has been slow to develop this week. 

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