Live Cattle little higher

Live Cattle futures are trading a little higher Thursday after Wednesday's limit move up. August Cattle is trading at 151.82, up 0.75 and October Cattle is trading at 154.27, up 0.57. Chatter about better demand and that slaughter will remain at low levels for the near future has been making the rounds. Some chatter about sellers near 1.5287 for August is starting to show up. Market talk about possible wide trading ranges and pre-holiday trading is making the rounds. Livestock futures close at 1:15 ET today and will be closed Friday in observance of the Independence Day Holiday.