DTN Closing Livestock Comment 05/09 15:53
   Demand Continues to Lag  on Thursday

   Heading into Friday's trade be on the lookout for any developments in the
cash cattle market and the morning's WASDE report

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   Thursday's trade was largely disappointing as the market saw livestock
contracts close lower as consumer demand isn't developing as traders hoped. The
cash cattle market still hasn't seen much trade develop, but some live sales
were reported in Texas at $185, $1 higher than last week's weighted average.
Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.44
with a weighted average price of $89.35 on 1,481 head. July corn is down 2
cents per bushel and July soybean meal is down $5.60. The Dow Jones Industrial
Average is up 331.37 points.