DTN Closing Livestock Comment 01/27 15:17
   Hogs Inch Higher While Cattle Dip Lower

   The lean hog complex continued to rally throughout the day, but the cattle
complex wasn't willing to trade any higher without first seeing more
fundamental support develop.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The cattle complex may have been worried about fundamental support, which is
ultimately why both the live cattle and feeder cattle contracts closed lower as
traders deemed there wasn't enough support currently in the marketplace to
justify trading the contracts higher, but the lean hog complex was a different
story as it once again successfully closed higher. Still no fed cash cattle
trade has developed. March corn is down 1 3/4 cents per bushel and March
soybean meal is down $0.30. The Dow Jones Industrial Average is down 416.22
points and the NASDAQ is up 244.47 points.