Live Cattle Futures Trading Higher

April live cattle is trading at 118.57, up 0.65 cents/lb. June live cattle is trading at 108.20, up 0.62 cents/lb Live cattle futures are trading higher just after the open. Tuesday's USDA cattle slaughter was 115,000 head versus 111,000 head a year ago. The total cattle slaughter for the week is now 231,000 head versus 215,000 head a year ago.