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MFA Incorporated 201 Ray Young Drive Columbia, MO 65201 573-874-5111

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DTN Closing Livestock Comment 01/14 15:52
   Live Cattle Close Lower as Traders Wait to See What Happens in the Cash
Market

   Still no bids or asking prices have surfaced in the fed cash cattle market
but packer interest could begin to develop on Wednesday.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a lackadaisical day for the livestock complex as it was mostly
uneventful. Still no cash cattle trade has developed but some early packer
interest could begin to arise on Wednesday. March corn is down 2 cents per
bushel and March soybean meal is down $2.00. The Dow Jones Industrial Average
is up 221.16 points.
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