Live Cattle Futures New Contract Lows

August live cattle is trading at 109.25, down 0.17 cents/lb. October live cattle is trading at 107.55, down 0.52 cents/lb and a new contract low. December live cattle is trading at 109.15, down 0.65 cents/lb and a new contract low. October and December live cattle futures are trading at new contract lows Thursday. Market chatter about the U.S. Department of Agriculture's (USDA) monthly cattle on feed and cold storage reports due out Friday is making the rounds.