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DTN Closing Livestock Comment 05/28 15:55
   Cattle Successively Close Higher Again

   With demand continuing to fuel the market higher, traders advanced both the
live cattle and feeder cattle markets through Tuesday.

ShayLe Stewart
DTN Livestock Analyst


   It was a strong day for the cattle complex as traders advanced both the live
cattle and feeder cattle markets, but the lean hog market remains apprehensive
about trading higher as demand hasn't consistently been strong. Hog prices
closed higher on the Daily Direct Afternoon Hog Report, up $1.19 with a
weighted average price of $87.83 on 3,095 head. July corn is down 2 1/4 cents
per bushel and July soybean meal is down $9.90. The Dow Jones Industrial
Average is down 216.73 points.
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