DTN Closing Livestock Comment 09/24 16:12
   Larger Than Expected Cattle on Feed Numbers

   Cattle on feed totaled 11.23 million head Sept. 1. This is 1% below year-ago
levels, but still well above pre-report estimates. Cattle on feed numbers are
the second highest total since 1996. Total hog numbers fell 4% from year-ago
levels, with reductions in all significant categories.

By Rick Kment, DTN Contributing Analyst

   GENERAL COMMENTS:

   From Friday to Friday, livestock futures scored the following changes:
October live cattle up $0.13; December live cattle up $0.63; September feeder
cattle off $0.25; October feeder cattle up $0.97; October lean hogs up $1.55;
December lean hogs up $1.75