Live cattle futures settled $0.25 to $1.72/cwt higher, with the spot June contract gaining the most to narrow the gap between cash and futures. Feeder cattle futures closed $0.57 to $1.87/cwt higher, led by the nearby May contract. The CME feeder cattle index increased $0.93 to $125.73/cwt. Lean hog futures finished mixed, from $0.22/cwt lower in June to $2.00 higher in April. The CME lean hog index decreased $0.17 to $68.70/cwt. Corn ended 1-1/2 cents higher, and soybeans added 6-1/2 cents. KC wheat lost 6 cents in todays session. Cash fed cattle prices were higher last week trading from $110 to $120/cwt for a weekly average of $113.72/cwt. The weekly composite cutout moved $17.48/cwt higher last week to another record high of $456.11 even with prices drifting lower late in the week. The 90% lean trimmings market increased $21.62 last week to $293.90/cwt. The 50s market averaged $256.68/cwt, decreasing $18.60 last week. The CattleFax total showlist is 7,600 head larger this week at 333,200 head.