USDA Daily Cattle Slaughter; Live Cattle Futures Sharply Higher

Monday's USDA cattle slaughter was 114,000 head versus a year ago at 110,000 head. December live cattle is trading at 104.22 , up 2.35 cents/lb. February live cattle is trading at 104.62, up 1.82 cents/lb. April live cattle is trading at 103.77, up 1.70 cents/lb.