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DTN Closing Livestock Comment 12/06 16:03
   Cattle Close Higher, Hogs Plunder

   Heading into Tuesday's trade, the hog market is hoping to find some support
as Monday was a rough day for the market.

ShayLe Stewart
DTN Livestock Analyst


   The cattle contracts ending up rounding out the Monday fully higher, but
hogs struggled throughout the cash and futures markets. Feedlots have yet to
disclose their asking prices for the week, but they aren't going to be easily
persuaded into selling cattle for steady money this week. Hog prices closed
lower on the National Direct Afternoon Hog Report, down $1.29 with a weighted
average of $60.51 on 7,607 head. March corn is down 1/2 cent per bushel and
January soybean meal is down $6.00. The Dow Jones Industrial Average is up
646.95 points and NASDAQ is up 139.68 points.
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