According to the closing report, the Iowa hog base closed 0.98 higher compared with the Prior Day settlement ($66.00-$81.75, weighted average $80.23). Corn futures closed higher ahead of Wednesday's USDA Supply and Demand and Production reports. May was up 10 3/4, July up 8 and December up 8 1/4 cents.
Futures closed mostly lower, down 7 to 32. Spot April was up 45. Live cattle futures pulled back from earlier session highs following a lack of follow-through buying interest. April live cattle futures were the only nearby contract to hold onto gains at midday, ...