Live cattle futures closed higher Monday, up 70 to 155. Feeder contracts were also higher, up 90 to 157. Lean hog futures closed lower, down 22 to 135.
GENERAL COMMENTS:
According to the closing report, the national hog base is $0.04 higher compared with the Prior Day settlement ($43.00-47.50, weighted average $45.91).
Corn futures closed fractionally mixed, up 1/2 to down 1/4.
