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DTN Closing Livestock Comment 05/03 15:19
   Cattle, Hog Futures Close Higher

   Live cattle futures closed 52 to 290 higher Tuesday. Feeder cattle contracts
were also higher, ranging from 42 to 197 higher. Lean hog futures were steady
to 22 higher.

By Rick Kment
DTN Analyst



GENERAL COMMENTS:

   The cash cattle market remained untested Tuesday. Bids remain elusive and
asking prices are equally nebulous. According to the closing report, the
national hog base is $0.69 higher compared with the Prior Day settlement
($64.50-72.75, weighted average $70.00). Corn futures were strongly lower, down
12 in May and July contracts and down 10 3/4 in September.
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