DTN Closing Livestock Comment 11/10 16:26
   Cattle Futures Test Trade Limits Monday

   Live cattle and feeder cattle futures bounced aggressively higher Monday,
with each market posting limit gains at the closing bell. Hog futures rallied
higher in reaction to this move higher.

Rick Kment
DTN Analyst

GENERAL COMMENTS:

   Sharp, aggressive gains seen in all cattle futures led the market to limit
higher moves by the end of the day. This not only led to expanded limits
Tuesday, but also sparked spill-over buying across much of the lean hog
complex. Hog prices closed lower on the Daily Direct Afternoon hog report, down
$0.04 with a weighted average of $83.95 on 5,894 hogs. December corn closed up
2 1/2 at $4.298 and December soybean meal closed up $2.90 at $320.  The Dow
Jones Industrial Average is up 381.53 at 47,368.63.