DTN Closing Livestock Comment 08/04 15:53
   Traders Help Keep the Livestock Contracts Elevated through Tuesday's Close

   Traders continued to support the cattle contracts through Tuesday's close as
they remain hopeful fundamental support will only continue to increase
throughout the week.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex ended the day stronger as traders continued to support
the contracts through Tuesday's close. No cash cattle trade developed
throughout the day as feedlot managers continue to hold out for hopefully
stronger packer demand later this week. December corn is down 7 cents per
bushel and December soybean meal is down $3.20. The Dow Jones Industrial
Average is up 907.47 points and the NASDAQ is up 671.09 points.