Live Cattle Futures Move Down
October live cattle is trading at 102.15, down 1.67 cents/lb. December live cattle is offered at 102.12, down 1.00 cents/lb. February live cattle is trading at 102.82, down 0.82 cents/lb.
Live cattle futures are trading lower Wednesday morning after Tuesday's plunge.
Trading is very choppy.
Tuesday's USDA cattle slaughter was 113,000 head versus. The total for the week is now 224,000 head, down from 225,000 head last week and 220,000 head a year ago.
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