DTN Closing Livestock Comment 05/16 15:29
   Traders Lend Livestock Contracts Mild Support Ahead of the Week's End

   Following the sharp descend that the cattle contracts endured on Wednesday
and Thursday, cattlemen were relieved to see the cattle contracts close mildly
higher Friday afternoon.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   All in all, it was a good day for the futures contracts as most of the
livestock contracts closed higher. No new cash cattle trade developed
throughout the day as packers had fulfilled the needs earlier in the week. July
corn is down 5 cents per bushel and July soybean meal is down $4.50. The Dow
Jones Industrial Average is up 298.56 points and the NASDAQ is up 78.66 points.