Closing Report

Here's what pushed the markets today.

Closing prices, Mon Oct 12 · change vs. yesterday's close

• Corn (Dec): $4.83/bu, up 3.75¢ (+0.78%)
  • Why: CBOT corn to end bounce around $4.83-1/4. Wheat (+0.26%) was higher too, so the buying was across the grain market. It settled near the high of the day.
  • Today's range: 4.76–4.84 · Week: down 18.5¢ (-3.69%)
• Soybeans (Nov): $12.88/bu, down 3.75¢ (-0.29%)
  • Why: BC-Soybean Futures. It went against corn (+0.78%) and wheat (+0.26%), which were higher.
  • Today's range: 12.78–12.91 · Week: down 9.25¢ (-0.71%)
• Wheat (Dec): $6.73/bu, up 1.75¢ (+0.26%)
  • Why: No single news story drove wheat higher today. Corn (+0.78%) was higher too, so the buying was across the grain market.
  • Today's range: 6.62–6.76 · Week: down 13.75¢ (-2.00%)
• Live Cattle (Dec): $226.57/cwt, down $0.48 (-0.21%)
  • Why: Cattle Slipping Back on Monday. It went against hogs (+0.77%), which were higher.
  • Today's range: 225.52–227.40 · Week: up $2.80 (+1.25%)
• Feeder Cattle (Nov): $341.27/cwt, down $0.68 (-0.20%)
  • Why: Cattle Slipping Back on Monday. Live cattle (-0.21%) were lower too, so the selling was across the livestock market. Corn was up 0.78%, which raises feed costs for feeder buyers.
  • Today's range: 339.12–341.95 · Week: up $5.48 (+1.63%)
• Lean Hogs (Dec): $68.35/cwt, up $0.53 (+0.77%)
  • Why: No single news story drove hogs higher today. It went against live cattle (-0.21%), which were lower.
  • Today's range: 67.82–69.00 · Week: down $0.75 (-1.09%)
• Crude Oil (Nov): $93.65/bbl, up $1.80 (+1.96%)
  • Why: Brent Crude Oil Price Jumps After Attack on Iran’s South Pars Field. It went against diesel (-0.43%), which was lower. It settled near the high of the day.
  • Today's range: 89.61–94.36 · Week: up $5.37 (+6.08%)
• Heating Oil (Nov): $4.7179/gal, down 2.05¢ (-0.43%)
  • Why: Oil and Diesel Prices Fell After Trump Announced an Energy Truce Between Russia and Ukraine. It went against crude oil (+1.96%), which was higher.
  • Today's range: 4.5821–4.7794 · Week: up 9.52¢ (+2.06%)
• Natural Gas (Nov): $3.164/MMBtu, down $0.06 (-1.74%)
  • Why: US Natural Gas Prices Fall 4% to 11-Week Low on Record Output.
  • Today's range: 3.092–3.202 · Week: down $0.04 (-1.22%)
• Gold (Dec): $4,191.90/oz, down $24.40 (-0.58%)
  • Why: Gold Futures Decline to Rs 1,50,219/10gm Amid Weak Demand. Silver (-1.00%) was lower too, so the selling was across the metals market.
  • Today's range: 4,178.10–4,242.30 · Week: up $51.20 (+1.24%)
• Silver (Dec): $60.44/oz, down $0.61 (-1.00%)
  • Why: Silver Futures Decline to Rs 2.24 Lakh/kg on MCX. Gold (-0.58%) was lower too, so the selling was across the metals market. It settled near the low of the day.
  • Today's range: 60.42–61.74 · Week: up $0.14 (+0.23%)
• Copper (Dec): $6.7580/lb, up 6.6¢ (+0.99%)
  • Why: Copper Gains on Supply Disruptions.
  • Today's range: 6.6940–6.7830 · Week: up 10.85¢ (+1.63%)

On deck

• Tue: USDA export inspections, 10:00am CT
• Tue: USDA Crop Progress, 3:00pm CT

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