Julianne Johnston

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Dressed cattle weights still 10 lbs. lighter than year-ago; hog weights down 3 lbs. from year-ago.
Slips back to a level last seen during the 2008-2009 recession.
One-category improvement in some Midwest areas.
Weights still below year-ago, but cattle weights narrowing the gap.
Pork imports expected to rise 8% in 2012 due to continued strong demand.
Sees slight expansion in cattle herd, hog herd holding steady.
Export demand remains a bright spot for cattle and hog markets.
Softening of index not good news for meat demand.
Report to be released Wednesday afternoon.
Weights below year-ago levels.