DTN Closing Livestock Comment 10/22 16:32
   Cattle Markets Plummet Ahead of Rollins' Announcement

   The cattle complex was engulfed with fear and worry ahead of Agriculture
Secretary Brooke Rollins' announcement, which led to the contracts closing
lower.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a mixed day for the livestock complex as the lean hog market saw
little attention, but the cattle complex was driven sharply lower by fear as
traders didn't know what to expect of Ag Sectary Brooke Rollins announcement on
efforts to help the beef industry. Still no sizeable volumes have traded in the
fed cash cattle market. December corn is up 3 1/4 cents per bushel and December
soybean meal is up $3.10. The Dow Jones Industrial Average is down 334.33
points and NASDAQ is down 213.27 points.