DTN Closing Livestock Comment 08/14 15:42
   Traders Continue to Stress Over Technical Position

   Traders grew worried about their positions again, which ultimately led to
the sharp decline seen at Thursday's close.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a dismal day for the livestock complex as all three of the markets
closed lower, and no new cash cattle trade had developed at the time of this
writing. Bids were offered throughout the day, but as feedlot managers hold out
for more money, trade remained stalemated. December corn is steady and December
soybean meal is steady. The Dow Jones Industrial Average is down 11.01 points
and the NASDAQ is down 2.47 points.