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DTN Closing Livestock Comment 05/30 15:52
   Cattle Close Lower Although the Market's Fundamentals are Red Hot

   Traders simply weren't willing to advance the cattle contracts ahead of the
weekend despite seeing that the fed cash cattle market jumped another $2.00 to
$8.00 higher this week.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a mixed day for the livestock complex as traders simply weren't
willing to advance the cattle contracts ahead of the weekend, but the lean hog
complex was finally able to close above its nearby resistance because of the
market's added support. July corn is down 3 cents per bushel and July soybean
meal is down $0.10. The Dow Jones Industrial Average is up 54.34 points and the
NASDAQ is down 62.10 points.
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