Live Cattle Futures Trading Lower

February live cattle is trading at 115.27, down 0.22 cents/lb. April live cattle is trading at 113.52, down 0.30 cents/lb. Live cattle futures are trading choppy and a little lower just after the open. Chatter about consumer demand and cash prices has kept buyers and sellers active. Tuesday's USDA cattle slaughter was 116,000 head, slaughter for the week is now 226,000 head , unchanged from a year ago.