According to the closing report, the Iowa hog base is $0.10 higher compared with the Prior Day settlement ($111.00-$117.50, weighted average $115.83). Corn futures regained Monday's drop, closing 5 1/2 to 8 1/4 higher.
Futures closed higher, up 25 to 82. Buyer support redeveloped on "Turnaround Tuesday." Increased focus on firming boxed beef values and the anticipation of stronger summer demand for beef continues to draw buyers back into the complex. April futures posted narrow gains, but continue to hold a significant premium to the June contract which will soon take the position of ...