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DTN Closing Livestock Comment 05/22 15:20
   Feeder Cattle Complex Momentum Drives the Cattle Sector Higher

   Heading into Thursday's market be on the lookout for any developments in the
cash cattle market and for the morning's export report.

ShayLe Stewart
DTN Livestock Analyst


   It was a mixed day for the livestock complex as the cattle contracts saw
ample trader support, but the lean hog market continues to plunder lower as
pork demand is lacking. No cash cattle trade has developed yet but packer
interest could improve on Thursday. Hog prices closed lower on the Daily Direct
Afternoon Hog Report, down $0.37 with a weighted average price of $87.82 on
3,665 head. July corn is up 3 1/4 cents per bushel and July soybean meal is up
$5.90. The Dow Jones Industrial Average is down 231.53 points.
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