Live Cattle Sharply Lower

Live Cattle Futures are down the limit Monday at settlement time. April Live Cattle, last trade was 1.4927 down 3.00. June Live Cattle is down the limit also at 141.62 down 3.00. February Cattle is trading down 2.07 at 1.5277. Monday's USDA Cattle Slaughter was 105,000 head versus a year ago at 111,000 head.