According to the closing report, the Iowa hog base closed 0.21 higher compared with the Prior Day settlement ($94.00-102.75, weighted average $99.29). The corn market closed significantly higher in the July, up 17 1/4 cents, but rose only modestly in the new-crop contracts, up 1 1/2 to 1 3/4.
Futures closed lower, down 20 to 35. Live cattle futures bounced off session lows late in the trading session, with focus on the lack of overall trade activity in the complex. Less emphasis was directed toward pushing prices significantly lower. August live cattle futures fell ...