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Feeder cattle futures were $1.50 to $2.07 lower on Wednesday. The CME Feeder Cattle Index was up $3.58 on June 9 with an average price of $314.04. Barchart.com says live cattle futures closed mixed, with front months up 75 cents and other contracts down 17 to 65 cents. Preliminary OI was down 900 contracts on Wednesday. Cash trade has been reported at $235 in the South so far this week.





