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CME live and feeder cattle turn lower ahead of Labor Day

Chicago Mercantile Exchange live and feeder cattle futures slid lower Friday as traders squared positions ahead of the Labor Day weekend. October live cattle fell 1.35 cents to 212.95 cents/lb; October feeder cattle dropped 0.95 cents.

FCPOLE

By Heather SchlitzChicago Mercantile Exchange live and feeder cattle futures turned lower on Friday in position squaring ahead of the long Labor Day weekend.CME October live cattle CME:LE1! settled 1.35 cents lower at 212.95 cents per pound.

CME October feeder cattle futures MYX:FCPO1! fell 0.95 ce…