Live Cattle Futures Little Lower

February live cattle is trading at 110.97, down 0.07 cents/lb. April live cattle is trading at 111.00, down 0.02 cents/lb. Live cattle futures are trading steady just after the open. Market chatter about cash prices and consumer demand is making the rounds. Tuesday's USDA cattle slaughter was 116,000 head. The total for the week is 231,000 head versus 223,000 head a year ago.