Live Cattle higher

Live Cattle futures are trading higher Monday after a steady open. August Cattle is trading at 149.82, up 1.30 and October Cattle is trading at 152.20, up 1.20. Trading is expected to be choppy with possible wide ranges. Market chatter about month end positioning is making the rounds. Market talk about firm to steady cash has been supportive. Chatter about less holiday demand continues to bring in sellers on rallies.