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Austin Schroeder at Barchart.com said “Live cattle futures closed the Tuesday session down 75 cents to $1.02 in the nearbys. Cash trade has been quiet so far, with last week’s trade at $196-198 in the south and northern trade at $200-202. The Hightower Report said “The USDA estimated cattle slaughter came in at 124,000 head Tuesday. This brings the total for the week so far to 239,000 head, up from 225,000 last week at this time and up 233,848 a year ago.”
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