Live Cattle Steady

Tuesday's USDA cattle slaughter was 109,000 head versus a year ago at 117, 000 head. April Live Cattle was trading at 154.82, up 0.82. June Live cattle was unchanged at 146.15. Trading was very choppy. April Live cattle futures traded firm on talk that futures were too big of a discount to cash. Market talk about the higher dollar and price competition from cheaper protein led to some selling in June Cattle.