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DTN Closing Livestock Comment 10/08 16:09
   Traders Continue to Push Livestock Contracts Higher

   Still no cash cattle trade has developed, but asking prices are now noted in
the South at $188.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was another tremendous day for the livestock complex as all three markets
closed higher and spot November feeder cattle contract was even able to close
above its 100-day moving average. Still no cash cattle trade has developed but
asking prices are noted in the South at $188. December corn is down 5 1/4 cents
per bushel and December soybean meal is down $1.00. The Dow Jones Industrial
Average is up 126.13 points.

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