The Farmers Cooperative Co.

DTN Closing Livestock Comment 05/13 15:55
   Feeders Remain Optimistic while the Rest of the Livestock Complex Closes
Lower

   Heading into Tuesday's market traders will again be monitoring consumer
demand and interest for both beef and pork.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a mostly quiet day for the livestock complex with only the feeder
cattle contracts able to close higher without a hitch. With economic concerns
in play, demand for both pork and beef are key factors that the market is
monitoring. Hog prices closed higher on the Daily Direct Afternoon Hog Report,
up $1.37 with a weighted average price of $89.78 on 1,472 head. July corn is up
2 3/4 cents per bushel and July soybean meal is down $5.40. The Dow Jones
Industrial Average is down 81.33 points.