According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is 1.65 higher ($70.00 to $79.00, weighted average $78.23). Corn futures closed modestly higher, up 3 1/2 in the March and May and up 3 3/4 in the July and September contracts.
Futures closed lower, down 20 to 52. Narrow to moderate losses quickly developed through the live cattle futures as traders discounted additional support in boxed beef morning values and focused on firm grain market support and developing pressure in other livestock futures. December futures posted ...