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DTN Closing Livestock Comment 06/24 15:52
   Traders Push the Cattle Contracts Higher through Monday's End, Leave Hogs
Lower

   With strong market fundamentals, both the live cattle and feeder cattle
contracts ended Monday's market mostly higher.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The cattle contracts were able to round out Monday's trade mostly higher,
but with a lack of demand, the lean hog complex ended the day lower. Hog prices
closed higher on the Daily Direct Afternoon Hog Report, up $0.60 with a
weighted average price of $86.64 on 3,393 head. July corn is down 1 1/2 cents
per bushel and July soybean meal is up $11.00. The Dow Jones Industrial Average
is up 260.88 points.
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