April cattle closed 100 lower on the session Friday and near the lows of the day but was able to close 45 higher for the week, as a lack of news regarding the cash market and a surge higher in the US dollar helped to pressure prices. A few cattle traded in Texas on Tuesday at $128.00, down $1.00 from the previous week. Some traders had been hoping for $131.00 or even higher but cash traded in Texas at $130.00. While this is a record high for the cash market, news of a little quicker pace for slaughter on Thursday was seen as somewhat positive for cattle. Rising gasoline prices with cattle and beef prices already near record highs is occurring into the start of the barbeque season soon. Many traders see some shifting away from higher-priced beef cuts just ahead along with better demand for pork and poultry. Weak packer margins and fairly hefty weights in a period of rising beef prices could also act to slow the movement through the pipeline. Boxed beef cutout values were down 62 cents at mid-session Friday and closed 38 cents lower at $198.07. This was up from $197.42 the prior week. The estimated cattle slaughter came in at 120,000 head Friday and 11,000 head for Saturday. This brought the total for last week to 621,000 head, up from 592,000 head the previous week but down from 645,000 head a year ago.