Live Cattle Little Changed

August Cattle is trading at 144.07, up 0.07. October Cattle is trading at 146.35, down 0.10 and December Cattle is trading at 148.62, down 0.35. Trading is choppy.

Market chatter about soft cash markets has led to some early pressure. The USDA Monthly Cold Storage report showed stocks of frozen beef at the end of June 467.1 million pounds. The beef inventory was down 2 percent from the end of May and 30 percent above a year ago. The USDA Monthly Cattle on Feed Report is due out on Friday.