DTN Closing Livestock Comment 04/29 15:14
   Live Cattle Contracts Rally Thanks to Strong Cash Trade

   With the wild advancement in the fed cash cattle market, the live cattle
contracts kept their rallying nature through Wednesday's close.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex closed mixed Wednesday afternoon, with the live cattle
and lean hog contracts rallying through the day's end, but the feeder cattle
contracts closed lower. Some more fed cash cattle trade happened at $256 in
Texas, which is $10.00 higher than last week's weighted average. July corn is
up 2 1/4 cents per bushel and July soybean meal is down $3.60. The Dow Jones
Industrial Average is down 295.33 points and the NASDAQ is down 28.95 points.