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DTN Closing Livestock Comment 07/31 16:08
   Feeder Cattle Push Through Resistance

   The livestock complex heads into the weekend fully higher in all three

ShayLe Stewart
DTN Livestock Analyst


   Cattle contracts warmed up after the noon hour and posted a stronger gain
than most assumed they would. Though lean hog contracts didn't see as much of a
push heading into the weekend, the hog contracts closed higher as well. Hog
prices are lower on the National Direct Afternoon Hog Report, down $0.38 with a
weighted average of $40.97 on 4,968 head. December corn is up 1/4 cent per
bushel and December soybean meal is down $0.70. The Dow Jones Industrial
Average is up 115.41 points and NASDAQ is up 157.47 points.
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