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DTN Closing Livestock Comment 04/16 15:37
   Cattle Continue to Inch Higher

   It was another strong day for the livestock complex as all three markets
closed higher thanks to ample trader interest.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a good day for the livestock complex as all three markets closed
higher. Heading into Wednesday we'll be looking to see how pork cutout values
fair and if the cattle complex is again able to move future away from the
market's support plane at $172.00. Hog prices closed higher on the Daily Direct
Afternoon Hog Report, up $3.33 with a weighted average price of $89.04 on 3,192
head. May corn is down 1/2 cent per bushel and May soybean meal is down $3.20.
The Dow Jones Industrial Average is up 63.86 points.
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