Live Cattle Moves Down

Cattle futures have moved down Friday. October Cattle is trading at 146.02, down 0.60 and December Cattle is trading at 147.80, down 0.32. Trading is expected to remain very choppy with possible wide ranges.

U.S. beef production during the period from the second quarter to the third quarter is expected to see a rise of over 360 million pounds, the second-highest shift for that period on record.