Live Cattle Sharply Lower

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Monday's USDA Cattle slaughter was 110,000 head versus a year ago at 103,000 head. Live Cattle futures traded mostly lower early on during the session on Monday and selling accelerated as the day wore on. At last check June Live Cattle was trading at 145.80, down 3.20 and August Live cattle was trading at 144.22, down 2.45.
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