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LIVESTOCK-CME livestock cattle mixed; nearbys firm, deferred months weak

CHICAGO, April 16 (Reuters) - Chicago Mercantile Exchange
live cattle futures were mostly weaker on Monday, with traders
locking in profits after prices rose on Friday.

Lingering concerns over a snowstorm that covered northern
areas of the Midwest and Plains provided support to some nearby
contracts, a trader said.

But overall, supplies were expected to remain plentiful,
keeping a bearish tone hanging over the market.

April live cattle closed 0.60 cent per pound higher
at 117.15 cents. June ended up 0.525 cent to 104.175
cents. Other deferred live cattle contracts were weaker.

CME feeder cattle were steady to weak.

April dropped 0.15 cent per pound to 139.225 cents.

Hog futures contracts weakened.

May hogs closed down 1.525 cent per pound at 68.175
cents. Most actively traded June ended 0.850 cent lower
at 76.800 cents.
(Reporting by Mark Weinraub
Editing by James Dalgleish)

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