GENERAL COMMENTS:
Cattle buyers and sellers called it a week before the day began with very little trade conversation noted in the late rounds. According to the closing report, the Iowa hog base price closed .12 higher compared with the prior day settlement ($44.50-54.00, weighted average $51.62). From Friday to Friday, meat futures scored the following changes: December LC, up 63; February LC, up 27; January FC, up 10; March FC, off 3; December LH, up 260; February LH, up 252; February PB, up 7; March PB, unchanged. Corn futures settled generally 4 cents lower, pressed by expected harvest progress ...