Monday's USDA cattle slaughter was 113,000 head versus a year ago at 107,000 head.
August live cattle is offered at 109.22, down 3.00 cents/lb. October live cattle is offered at 109.32. Both August and October live cattle futures are down the daily permissible limit.
December live cattle is trading at 110.80, down 2.92 cents/lb.
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