CME live cattle futures are expected to open mixed on Monday as investors square positions on the final trading day of the year, analysts and traders said.
* Spot December futures may be pressured by its premium to last week's cash prices.
* But 10 new deliveries posted by the CME late on Friday may limit spot December losses because a brokerage firm accepted physical delivery.
* The spot December contract is set to expire Monday at noon CST (1800 GMT).
* The February trading month could draw support from expectations for tighter cash cattle supplies in the coming year.
LIVE CATTLE - Seen down 0.200 cent to up 0.200 cent per lb.
* Traders wait for feedlots to tally the number of cattle available for sale this week. Cash cattle last week moved at $127 per cwt, up $1 from the week before.
* February futures will take over as the new lead trading month at a premium to cash, an analyst said.
* However, colder weather is settling into the U.S. Plains, slowing cattle weight gains that could support cash prices, he said.
* Investors will monitor beef demand in the near term as consumers focus on paying off year-end holiday credit-card debt, an analyst said.
FEEDER CATTLE - Called 0.200 cent per lb lower to 0.200 cent higher.
* Futures could follow mixed live cattle market trading.