DTN Closing Livestock Comment 05/22 15:50
   Traders Push Cattle Contracts Higher on Strong Fed Cash Cattle Prices

   Although there's only been a light movement in the North, traders are
pleased with the note of stronger fed cash cattle prices this week and allowed
both the live cattle and feeder cattle contracts to close higher because of the
added fundamental support.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   Traders were willing to advance the cattle contracts upon seeing stronger
sales in this week's fed cash cattle market, but the lean hog contracts closed
mixed. Friday will be a big-hitting day with the monthly Cattle on Feed report
being released, and there should be more cash cattle sales noted too. July corn
is up 2 cents per bushel and July soybean meal is up $4.40. The Dow Jones
Industrial Average is down 1.35 points and the NASDAQ is up 53.09 points.