DTN Closing Livestock Comment 06/02 16:11
   Rumors of New World Screwworm Caused Cattle Contracts to Close Lower

   With fear looming over the cattle complex amid more cases of New World
screwworm surfacing, the cattle contracts closed lower.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a mixed day for the livestock complex, as the lean hog contracts
closed higher while the cattle contracts closed lower. Some light cash cattle
trade was noted in Texas at $255, but not enough cattle traded to say that any
trend has been established. July corn is down 3 1/2 cents per bushel and July
soybean meal is down $0.30. The Dow Jones Industrial Average is up 228.91
points and the NASDAQ is up 7.09 points.