Tuesday's USDA cattle slaughter was 109,000 head versus a year ago at 117, 000 head. At last check April Live Cattle was trading at 154.82, up 0.82, June Live cattle was trading unchanged at 146.15. Trading was very choppy on Tuesday. April Live cattle futures traded firm on talk that futures were too big of a discount to cash. Market talk about the higher dollar and price competition from cheaper protein led to some selling in June Cattle.
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