CME live cattle slip on profit taking, hogs slide
Dec 10 (Reuters) - Chicago Mercantile Exchange live cattle
edged lower Tuesday on profit taking as investors waited for
* No live cattle deliveries were reported by the CME late on
Monday against the December contract which expires on Dec. 31.
* CME livestock investors await the U.S. Department of
Agriculture's monthly crop production and world supply and
demand reports scheduled for 11 A.M. CST (1700 GMT) on Tuesday.
The data could have feeding implications for livestock
LIVE CATTLE - At 9:14 a.m. CST (1514 GMT), December
was at 131.250 cents per lb, down 0.350 cent. February
was at 132.375 cents, down 0.675 cent.
* Last week, cash cattle traded at $132 per hundredweight
(cwt) in Kansas and Texas, and $131 to $132 per cwt in Nebraska,
feedlot sources said.
* This week's list of cattle for sale was expected to be
larger with a significant increase in Nebraska, traders said.
* While the upswing in beef demand on Monday was