Closing Report

Here's what pushed the markets today.

Closing prices, Tue Oct 13 · change vs. yesterday's close

• Corn (Dec): $4.83/bu, down 0.25¢ (-0.05%)
  • Why: Corn Market Update: US Stocks Pressure Prices, Brazil Weather Risk. Soybeans (-0.39%) and wheat (-0.60%) were lower too, so the selling was across the grain market. Traders are also waiting on the USDA Crop Progress at 3:00pm CT.
  • Today's range: 4.78–4.88 · Week: down 17.5¢ (-3.50%)
• Soybeans (Nov): $12.83/bu, down 5¢ (-0.39%)
  • Why: BC-Soybean Futures. Wheat (-0.60%) was lower too, so the selling was across the grain market. Traders are also waiting on the USDA Crop Progress at 3:00pm CT.
  • Today's range: 12.75–12.98 · Week: down 4.75¢ (-0.37%)
• Wheat (Dec): $6.68/bu, down 4¢ (-0.60%)
  • Why: No single news story drove wheat lower today. Soybeans (-0.39%) were lower too, so the selling was across the grain market. It settled near the low of the day. Traders are also waiting on the USDA Crop Progress at 3:00pm CT.
  • Today's range: 6.66–6.81 · Week: down 15¢ (-2.20%)
• Live Cattle (Dec): $226.35/cwt, down $0.25 (-0.11%)
  • Why: Feeder cattle hit three-month high on lower corn outlook - CME. Hogs (-0.59%) were lower too, so the selling was across the livestock market.
  • Today's range: 225.60–227.60 · Week: up $2.80 (+1.25%)
• Feeder Cattle (Nov): $340.80/cwt, down $0.30 (-0.09%)
  • Why: Feeder cattle hit three-month high on lower corn outlook.
  • Today's range: 338.92–342.50 · Week: up $5.93 (+1.77%)
• Lean Hogs (Dec): $67.97/cwt, down $0.40 (-0.59%)
  • Why: Lean hog futures slide to contract low on weak pork prices.
  • Today's range: 67.55–68.38 · Week: down $0.62 (-0.91%)
• Crude Oil (Nov): $94.19/bbl, up $0.45 (+0.48%)
  • Why: Brent Crude Oil Price Jumps After Attack on Iran’s South Pars Field. Diesel (+4.52%) was higher too, so the buying was across the energy market. It settled near the high of the day.
  • Today's range: 91.70–94.70 · Week: up $2.70 (+2.95%)
• Heating Oil (Nov): $4.9367/gal, up 21.35¢ (+4.52%)
  • Why: Heating Oil Surges Nearly 5%. Crude oil (+0.48%) was higher too, so the buying was across the energy market. It settled near the high of the day.
  • Today's range: 4.6431–4.9599 · Week: up 5.38¢ (+1.10%)
• Natural Gas (Nov): $3.307/MMBtu, up $0.14 (+4.42%)
  • Why: Natural Gas Prices Gain 6.1% in a Week: 3 Stocks to Watch. It settled near the high of the day.
  • Today's range: 3.108–3.313 · Week: up $0.14 (+4.39%)
• Gold (Dec): $4,186.90/oz, down $3.70 (-0.09%)
  • Why: Gold Futures Decline to Rs 1,49,462 Amid Weak Spot Demand. Silver (-1.57%) was lower too, so the selling was across the metals market.
  • Today's range: 4,170.50–4,224.80 · Week: up $29.90 (+0.72%)
• Silver (Dec): $59.56/oz, down $0.95 (-1.57%)
  • Why: Silver Futures Decline to Rs 2.22 Lakh/kg.
  • Today's range: 59.13–60.99 · Week: up $0.14 (+0.24%)
• Copper (Dec): $6.7310/lb, down 1.6¢ (-0.24%)
  • Why: Live Copper Spot Price Today.
  • Today's range: 6.7030–6.7780 · Week: up 16.25¢ (+2.47%)

This week's export shipments

• Corn: Shipped 51.3 million bushels (1.30 million metric tons) in the week ending Oct 8, down 7% from the week before. Marketing year to date: 333 million bushels, 5% ahead of last year's pace.
• Soybeans: Shipped 40.3 million bushels (1.10 million metric tons) in the week ending Oct 8, down 9% from the week before. Marketing year to date: 189 million bushels, 27% ahead of last year's pace.
• Wheat: Shipped 11.2 million bushels (0.30 million metric tons) in the week ending Oct 8, up 1% from the week before. Marketing year to date: 256 million bushels, 35% behind last year's pace.

Top buyers and pace vs. USDA

On deck

• Today: USDA Crop Progress, 3:00pm CT
• Wed: EIA crude oil inventories, 9:30am CT

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