Most-active August live cattle futures settled down 4.900 cents at 210.650 cents per pound. CME August feeder cattle futures tumbled 6.875 cents to finish at 303.350 cents per pound. Stronger cash cattle prices could pull futures higher. But others noted that commodity funds already have a massive net long position in CME live cattle futures, leaving the market vulnerable to selloffs. "There is a real fear that the cash cattle market is topping out, and the beef is topping out.