LIVESTOCK-CME cattle futures mixed in choppy trading

CHICAGO, March 24 (Reuters) - Chicago Mercantile Exchange cattle futures finished mixed on Tuesday under pressure from falling Wall Street indexes, though a continued tight supply of cattle provided a floor to prices, analysts said.

Wall Street indexes lost ground in Tuesday's volatile session as investors swayed between fears of rising oil prices and hopes for a resolution to the U.S.-Israeli war on Iran as U.S. President Trump claimed progress in talks even as reports suggested that more American troops were headed to the Middle East.

Cattle futures are often influenced by outside markets, as consumers may be more reluctant to consume pricier beef when they feel financially pinched.

CME June live cattle LCM26 settled 0.05 cent lower to 234.60 cents per pound. CME April feeders FCJ26 finished 1.975 cents higher to 354.45 cents per pound.

Traders are continuing to eye the cash cattle market.

On Tuesday, the U.S. Department of Agriculture reported choice cuts of boxed beef rose 78 cents to $399.91 per hundredweight (cwt), and select cuts rose 67 cents to $394.50 per cwt.

Beef packer margins were at $89.45 per head on Tuesday, down from $128.90 per head a week ago, according to livestock marketing advisory service HedgersEdge.

Hog futures ended nearly unchanged amid a lack of fresh news.

CME June lean hog futures LHM26 ended down 0.075 cent at 104.40 cents per pound.