Live Cattle futures were mostly flat on the day as Feeder Cattle futures fell, trading in a nearly $6 range before settling. October Feeder Cattle futures were down $0.77. In contrast, October Lean Hogs futures ended $0.52 higher. Wholesale beef saw a softer tone with choice cuts falling $1.67 and select cuts down $2.82. Friday's Commitment of Traders report revealed that managed money funds have reduced their net long position in feeder cattle to the smallest level since the first week of May.