Closing Report

Here's what pushed the markets today.

Closing prices, Wed Oct 7 · change vs. yesterday's close

• Corn (Dec): $5.02/bu, down 6¢ (-1.18%)
  • Why: U.S. Grain/Oilseed Review: Positive day for CBOT grains, oilseeds. Soybeans (-0.56%) and wheat (-2.59%) were lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 5.00–5.10 · Week: up 4.25¢ (+0.85%)
• Soybeans (Nov): $12.96/bu, down 7.25¢ (-0.56%)
  • Why: BC-Soybean Futures. Corn (-1.18%) and wheat (-2.59%) were lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 12.93–13.09 · Week: up 17.5¢ (+1.37%)
• Wheat (Dec): $6.86/bu, down 18.25¢ (-2.59%)
  • Why: No single news story drove wheat lower today. Corn (-1.18%) and soybeans (-0.56%) were lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 6.85–7.07 · Week: up 3¢ (+0.44%)
• Live Cattle (Dec): $223.70/cwt, down $0.40 (-0.18%)
  • Why: Live Cattle futures reach highest close since September 14. Feeder cattle (-0.66%) and hogs (-1.85%) were lower too, so the selling was across the livestock market.
  • Today's range: 222.65–224.18 · Week: up $2.22 (+1.00%)
• Feeder Cattle (Nov): $336.05/cwt, down $2.22 (-0.66%)
  • Why: Live Cattle futures reach highest close since September 14.
  • Today's range: 335.05–338.20 · Week: up $4.90 (+1.48%)
• Lean Hogs (Dec): $69.08/cwt, down $1.30 (-1.85%)
  • Why: Hogs Slipping Back on Turnaround Tuesday.
  • Today's range: 68.70–70.12 · Week: down $1.05 (-1.50%)
• Crude Oil (Nov): $88.42/bbl, down $1.02 (-1.14%)
  • Why: Crude Oil Futures Separate From Reality as Asia Physical Market Buckles: Russell. It went against diesel (+1.61%), which was higher. It settled near the low of the day.
  • Today's range: 87.96–90.98 · Week: down $2.69 (-2.95%)
• Heating Oil (Nov): $4.6429/gal, up 7.35¢ (+1.61%)
  • Why: Home heating oil prices are soaring — and users' winter bills could rise 21%, federal outlook shows. It went against crude oil (-1.14%), which was lower.
  • Today's range: 4.5608–4.7603 · Week: up 14.18¢ (+3.15%)
• Natural Gas (Nov): $3.205/MMBtu, up $0.09 (+2.92%)
  • Why: Natural Gas Futures Rally as Traders Weigh Bullish Production, Tropical Storm Isaias.
  • Today's range: 3.110–3.252 · Week: up $0.17 (+5.60%)
• Gold (Dec): $4,139.30/oz, down $47.80 (-1.14%)
  • Why: Gold Futures Drop to Rs 1,49,340 Amid Weak Spot Demand. Silver (-2.34%) was lower too, so the selling was across the metals market.
  • Today's range: 4,091.20–4,197.80 · Week: down $23.00 (-0.55%)
• Silver (Dec): $60.15/oz, down $1.44 (-2.34%)
  • Why: Silver Futures Decline: Prices Fall on MCX & Global Markets. Gold (-1.14%) was lower too, so the selling was across the metals market.
  • Today's range: 59.23–61.85 · Week: down $0.27 (-0.44%)
• Copper (Dec): $6.6475/lb, down 0.2¢ (-0.03%)
  • Why: How to Handle Red-Hot Copper Prices With Care.
  • Today's range: 6.5990–6.6810 · Week: up 9.85¢ (+1.50%)

On deck

• Thu: USDA weekly Export Sales, 7:30am CT
• Thu: EIA natural gas storage, 9:30am CT

Informational only — not investment, trading or financial advice. Prices may be delayed.