Market Overview

USDA Daily Cattle Slaughter; Live Cattle Futures Gains Erode

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Monday's USDA cattle slaughter was 116,000 head versus a year ago at 110,000 head.

December live cattle is trading at 108.97, up 0.65 cents/lb. February live cattle is trading at 109.52, up 0.67 cents/lb. April live cattle is trading at 109.40, up 0.50 cents/lb

A good portion of live cattle futures session gains eroded late in the day.

Posted-In: USDA cattle slaughterFutures Commodities Markets

 

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