The cattle market pushed moderately lower on the session yesterday to a 4-session low, as there has been a general concern that consumers will be resistant to recent increases in beef prices. The pressure continued into the afternoon trading, with December cattle falling to their lowest price levels since September 30th. The selloff occurred despite a stronger beef market and a more positive outlook for the economy as the Dow Jones index was up nearly 300 points at the time. Most commodity markets were sharply higher yesterday as well, so livestock weakness was an exception. Outside market forces are weak this morning, but some traders feel that outside factors have not really had too much of an impact on cattle recently. Just after the close, cash cattle traded in Kansas and Texas at $121.00. That is mostly steady against last week's activity but leaves December futures at a discount to the cash market. The estimated cattle slaughter came in at 129,000 head yesterday. This was unchanged from last week and unchanged from a year ago at this time. Boxed beef cutout values were up 58 cents at mid-session yesterday and closed 49 cents higher at $184.90. This was up from $183.81 the prior week, and is the highest beef market since September 20th.