Closing Report
Here's what pushed the markets today.
Closing prices, Wed Oct 14 · change vs. yesterday's close
- Corn (Dec): $4.81/bu, down 1.75¢ (-0.36%)
- Why: Corn Market: US Harvest Pressure vs. Black Sea Export Cuts. Soybeans (-0.49%) were lower too, so the selling was across the grain market.
- Today's range: 4.78–4.84 · Week: down 21¢ (-4.18%)
- Soybeans (Nov): $12.78/bu, down 6.25¢ (-0.49%)
- Why: BC-Soybean Futures. Corn (-0.36%) was lower too, so the selling was across the grain market. It settled near the low of the day.
- Today's range: 12.74–12.94 · Week: down 20¢ (-1.54%)
- Wheat (Dec): $6.74/bu, up 4.25¢ (+0.64%)
- Why: Kazakhstan wheat exports 2026/27: stable USDA outlook, rising rail demand. It went against corn (-0.36%), which was lower. It settled near the high of the day.
- Today's range: 6.63–6.74 · Week: down 13¢ (-1.89%)
- Live Cattle (Dec): $225.15/cwt, down $1.22 (-0.54%)
- Why: Feeder cattle hit three-month high on lower corn outlook - CME. Feeder cattle (-0.73%) and hogs (-2.87%) were lower too, so the selling was across the livestock market. It settled near the low of the day.
- Today's range: 224.95–227.05 · Week: up $1.38 (+0.61%)
- Feeder Cattle (Nov): $338.52/cwt, down $2.50 (-0.73%)
- Why: Feeder cattle hit three-month high on lower corn outlook - CME. Live cattle (-0.54%) were lower too, so the selling was across the livestock market. It settled near the low of the day.
- Today's range: 338.05–341.40 · Week: up $2.73 (+0.81%)
- Lean Hogs (Dec): $66.08/cwt, down $1.95 (-2.87%)
- Why: Livestock futures edge lower as Lean Hog net short nears record. Live cattle (-0.54%) were lower too, so the selling was across the livestock market. It settled near the low of the day.
- Today's range: 66.00–67.60 · Week: down $3.02 (-4.38%)
- Crude Oil (Nov): $94.99/bbl, up $0.85 (+0.90%)
- Why: WTI Crude Oil futures rise as Gulf tensions support prices. It went against diesel (-0.38%), which was lower.
- Today's range: 93.97–96.06 · Week: up $6.71 (+7.60%)
- Heating Oil (Nov): $4.9155/gal, down 1.89¢ (-0.38%)
- Why: Political fallout from Trump’s Russian diesel deal overshadows price impact. It went against crude oil (+0.90%), which was higher.
- Today's range: 4.8400–4.9841 · Week: up 29.28¢ (+6.33%)
- Natural Gas (Nov): $3.191/MMBtu, down $0.09 (-2.80%)
- Why: US Natural Gas Prices Fall 4% to 11-Week Low on Record Output. It settled near the low of the day.
- Today's range: 3.157–3.334 · Week: down $0.01 (-0.37%)
- Gold (Dec): $4,115.70/oz, down $61.60 (-1.47%)
- Why: Gold And Silver Tumble As Inflation Data Boosts Rate-Hike Expectations. Silver (-6.24%) was lower too, so the selling was across the metals market.
- Today's range: 4,095.00–4,193.50 · Week: down $25.00 (-0.60%)
- Silver (Dec): $55.81/oz, down $3.72 (-6.24%)
- Why: Gold And Silver Tumble As Inflation Data Boosts Rate-Hike Expectations. Gold (-1.47%) was lower too, so the selling was across the metals market. It settled near the low of the day.
- Today's range: 55.63–59.60 · Week: down $4.48 (-7.44%)
- Copper (Dec): $6.6130/lb, down 11.3¢ (-1.68%)
- Why: Copper Prices Break 110,000, Operating Rate Drops to 11.55%: Peak-Season Stockpiling Falls Through Amid Dual Squeeze from Invoices and High Prices [SMM Analysis]. It settled near the low of the day.
- Today's range: 6.6130–6.7890 · Week: down 3.65¢ (-0.55%)
On deck
- Thu: Producer prices (PPI), 7:30am CT
- Thu: U.S. Drought Monitor, 7:30am CT
- Thu: USDA weekly Export Sales, 7:30am CT
- Thu: EIA natural gas storage, 9:30am CT
- Thu: USDA grain transportation data (barge, rail, ocean), 12:00pm CT
Informational only — not investment, trading or financial advice. Prices may be delayed.
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