USDA Daily Cattle Slaughter; Live Cattle Futures Lower

Monday's USDA cattle slaughter was 114,000 head versus a year ago at 108,000 head. December live cattle is trading at 109.15, down 1.60 cents/lb. February live cattle is trading at 110.83, down 1.37 cents/lb. April live cattle settled at 110.55, down 1.02 cents/lb.