According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is 1.43 lower ($67 to $84.00, weighted average $80.34). Corn futures closed higher Tuesday, up 5 1/4 in the December and up 6 3/4 in the March.
Futures closed mostly lower, down 15 to 72. Commercial selling pressure in the front-month December contract stole the spotlight Tuesday. Overall activity across the market remained relatively quiet with traders closely following pressure unfolding in the lean hog futures market as well as outside financial markets. December futures tumbled 72 ...