Moderate cash trade developed in Nebraska and Iowa Friday at prices $2 to $3 lower than the bulk of last week's trade. According to the closing report, the Iowa hog base closed 2.65 lower compared with the Prior Day settlement ($75.00-$82.50, weighted average $79.32). Corn futures close higher, up 7 1/4 in May, up 7 3/4 in July and up 10 in September.
Futures closed mixed, up 10 to 27 through August and down 10 to 15 on remaining contracts. Futures closed mixed in a narrow range following an up-and-down trading session. Very little ...