Live Cattle Futures Little Changed

October live cattle is trading at 110.72, up 0.15 cents/lb. December live cattle is trading at 112.07, up 0.02 cents/lb. Nearby August live cattle is trading at 113.60, up 0.02 cents/lb. Live cattle futures are trading steady just after the open Friday. Market talk the U.S. Department of Agriculture's cattle-on-feed report due out at 3:00 p.m. ET is making the rounds. Dressed steer weights for the week ending August 6th were at 886 pounds, up from 883 pounds the previous week and down from 895 pounds a year ago. Beef production was 477.7 million pounds, up 7.6 percent.
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