DTN Closing Livestock Comment 11/08 16:12
   Cash Cattle Prices Trade $3 Lower on Friday

   Packers and feedlot managers waited until late in the week to trade cattle,
and in both regions, prices were marked at mostly $3 lower than last week's
weighted average.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   Friday ended up being a mixed day for the livestock complex, as although the
deferred lean hog contracts closed higher, most of the livestock complex closed
slightly lower. Throughout the day, some more cash cattle trade was reported,
and Southern live cattle were marked at $187 and Northern dressed cattle at
$294 -- both of which are $3 lower than last week's weighted average. December
corn is up 3 1/2 cents per bushel, and December soybean meal is down $2.30. The
Dow Jones Industrial Average is up 259.65 points.