Live Cattle Futures Sharply Lower

Live Cattle futures traded sharply lower Friday. June Live Cattle was trading at 148.70, down 2.87. August Live cattle was trading at 146.60, down 2.07. April Cattle in delivery was down the 3.00 limit at 158.80. Friday's USDA Cattle slaughter was 90,000 head versus a year ago at 103,000 head.