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DTN Closing Livestock Comment 06/13 15:30
   Cash Cattle Prices Charge $1.00 to $4.00 Higher

   Feedlots scored once again as the cash cattle market jumped $1.00 to $4.00
higher this afternoon!

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The day's trade may have been slow early on, but once the cash cattle market
started to trade, traders turned the live cattle contracts higher to celebrate
the good news. Meanwhile the lean hog and feeder cattle markets still both
closed lower. Hog prices closed lower on the Daily Direct Afternoon Hog Report,
down $0.72 with a weighed average price of $86.87 on 1,529 head. July corn is
up 4 1/4 cents per bushel and July soybean meal is up $8.10. The Dow Jones
Industrial Average is down 83.83 points.
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