DTN Closing Livestock Comment 11/05 16:22
   Cattle Close Limit Lower

   Both the live cattle and feeder cattle contracts closed limit lower, as
traders remain uncertain about the market's technical trajectory, with
confidence continuing to drain from the complex despite strong fundamentals.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was another disappointing day for the livestock complex as the market saw
the cattle contracts close limit lower as fear and worry continue to plague the
market. Some light cash cattle trade reported at $360 in the North, which is
$2.00 higher than last week's weighted average, and at $232 in the South, which
is $4.00 lower than last week's weighted average. December corn is up 3 3/4
cents per bushel and December soybean meal is up $7.40. The Dow Jones
Industrial Average is up 225.76 points and the NASDAQ is up 151.16 points.