DTN Closing Livestock Comment 03/20 15:29
   Livestock Close Lower Monday as External Pressure Mounds

   Heading into Tuesday's market, traders are hopeful that they'll be able to
trade without outside fears about the banking systems trumping all other market
factors.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS

   It was a disappointing day for the livestock complex, as early on the cattle
contracts set out to trade higher but ended up closing lower alongside the lean
hog contracts. Outside pressure continues to drive the contracts lower as
traders struggle to trust the market's fundamentals when there are looming
concerns about the U.S. banking system. Hog prices closed lower on the Daily
Direct Afternoon hog report, down $1.15 with a weighted average of $76.46 on
5,522 hogs. May corn closed down 1 1/4 at $6.33 and May soybean meal closed
down $3.30 at $462.7. The Dow Jones Industrial Average is up 382.60 at
32,244.58.