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DTN Closing Livestock Comment 07/14 15:41
   Traders Cautiously Handle Livestock Contracts Through Monday's Close

   Although last week's gains were fully supported by traders, they weren't as
aggressive in their handling of the livestock contracts throughout Monday's
trade.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   More than anything, Monday's trade throughout the cattle complex seemed to
be a nervous state by traders as they reflected upon the massive gains the
contracts made just last week and are now left questioning: what happens next?
New showlists appear to be mixed, higher in Kansas, but lower in Texas, and
Nebraska/Colorado. July corn is up 9 3/4 cents per bushel and July soybean meal
is down $2.40. The Dow Jones Industrial Average is up 88.14 points and the
NASDAQ is up 54.80 points.

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