Trade is quiet Tuesday with a few asking prices around $122 in the South and $196-plus in the North. Action may again be delayed until Friday. According to the closing report, the Iowa hog base closed $1.11 higher compared with the Prior Day settlement ($85.00-$100.00, weighted average $98.83). Corn futures closed higher, up 9 in the September and up 7 1/4 in the December through July contracts.
Futures closed mixed, down 32 to up 12. Live cattle futures closed mixed Tuesday following up and down movements through the session. The expectation that seller activity ...