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DTN Closing Livestock Comment 09/27 15:08
   Livestock Futures Close Lower Tuesday

   Live cattle futures closed triple-digits lower, down 150 to 300. Feeder
cattle contracts also were substantially lower, down 122 to 450. Lean hog
contracts closed down 95 to 215.

By Rick Kment
DTN Analyst



GENERAL COMMENTS:

   Cash cattle trade saw a little activity Tuesday afternoon with 2,305 head
traded in Nebraska at $163. There were some bids in Kansas and Texas at $104
live. These levels are about $4 lower than last week's weighted average.
According to the closing report, the national hog base is $0.43 lower compared
with the Prior Day settlement ($47.00-$51.50) weighted average $49.96. Corn
futures closed higher, up 2 3/4 in December, March and May.
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