DTN Closing Livestock Comment 06/01 16:04
   Cattle Close Mildly Higher While Hogs Continue to Scale Lower

   With midday boxed beef prices higher and the live cattle and feeder cattle
contracts not up against immediate resistance pressure, the market closed
higher Monday afternoon.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex closed mixed, with the lean hog contracts still
needing greater support, but the cattle contracts were able to close mildly
higher. New showlists appear to be mixed, higher in Texas, somewhat higher in
Nebraska/Colorado, and lower in Kansas. July corn is down 2 3/4 cents per
bushel and July soybean meal is down $3.30. The Dow Jones Industrial Average is
up 46.42 points and the NASDAQ is up 114.19 points.