 National Direct Afternoon Report showed cash up 3 cents. Cutouts eliminated more than half the gains of Tuesday, with price declining $1.55. The strength seemed to stem from further short covering as the market corrected from being oversold. We watch weekly export sales for any direction here today. Packers may have purchased most of their needs for the week, leaving them bidding lower in the cash hog market. Saturday slaughter estimated at 64,000 head. We do expect cash hogs to be lower with futures mixed. We expect cash cattle trade to be steady.