The northern tier of cattle-feeding country saw moderate to active trade volume develop thanks to higher packer bids. Most dressed sales in Nebraska and Iowa were marked at $195, $2 higher than last week's weighted average. The South remained quiet, apparently satisfied with limited business seen on Wednesday and Thursday. According to the closing report, the Iowa hog base closed $0.07 higher compared with the Prior Day settlement $85.00-$103.00 (weighted average $100.23). Corn futures closed modestly lower, down 4 on the September contract and down 2 3/4 on the December.
Futures closed higher, up ...