Morrill Elevator Inc.

P.O. BOX 127
Morrill, KS 66515
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DTN Closing Livestock Comment 05/01 16:03
   Pressure Galore on the Livestock Complex

   Heading into Thursday's market be watching for the day's export report and
any developments in the cash cattle complex.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a rough day throughout the livestock complex as the market saw
pressure abound technically as fundamental support continues to lag. No
substantial cash cattle trade has developed yet this week, but packer interest
is expected to increase by Thursday. Hog prices closed lower on the Daily
Direct Afternoon Hog Report, down $0.01 with a weighted average price of $92.02
on 10,684 head. July corn is up 4 cents per bushel and July soybean meal is
down $2.90. The Dow Jones Industrial Average is up 87.37 points.
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