DTN Closing Livestock Comment 03/25 15:47
Traders Continue to Believe the Cattle Complex is Overbought

Heading into Wednesday's market cattlemen will continue to monitor boxed
beef prices and hope that feedlot managers will attempt to push prices higher
again this week.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

It was a mixed day for the livestock complex as the cattle contracts mainly
remained lower through the day's end, but the lean hog complex maintained its
higher position through the day's close. What was potentially most eye-catching
throughout the day was the afternoon choice cuts jump of $8.09. May corn is
down 6 3/4 cents per bushel and May soybean meal is down $2.50. The Dow Jones
Industrial Average is down 46.03 points.