Live Cattle little changed

Live Cattle futures are trading rangebound Monday morning. August Cattle is trading at 148.50, down 0.07 and October Cattle is trading at 150.82, down 0.17. Market chatter about less holiday demand due to recent weather concerns for portions of the country is making the rounds. Trading is expected to be choppy with possible wide ranges. Market chatter about month end positioning is making the rounds.