Closing Report

Here's what pushed the markets today.

Prices at today's close, Fri Oct 16 · change vs. yesterday's settlement. Grains and livestock are the last trade before the close; the exchange's official settlement can differ by a tick, and the next 10:00 report confirms it. Energy and metals are still trading: 2:00 PM price.

• Corn (Dec): $4.74¼/bu, down 3¾¢ (-0.78%)
  • Why: Chicago Grain Futures Open Lower as Wheat Leads Losses, Soybeans and Corn Retreat. Wheat (-1.53%) was lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 4.73–4.81 · Week: down 5½¢ (-1.15%)
• Soybeans (Nov): $12.60½/bu, down 2½¢ (-0.20%)
  • Why: Chicago Grain Futures Open Lower as Wheat Leads Losses, Soybeans and Corn Retreat. Corn (-0.78%) and wheat (-1.53%) were lower too, so the selling was across the grain market.
  • Today's range: 12.53¼–12.65¾ · Week: down 31½¢ (-2.44%)
• Wheat (Dec): $6.59¾/bu, down 10¼¢ (-1.53%)
  • Why: Chicago Grain Futures Open Lower as Wheat Leads Losses, Soybeans and Corn Retreat. Corn (-0.78%) was lower too, so the selling was across the grain market.
  • Today's range: 6.56¼–6.70¼ · Week: down 11¼¢ (-1.68%)
• Live Cattle (Dec): $228.45/cwt, up $1.20 (+0.53%)
  • Why: U.S. Cattle Prices Surge as Strong Packer Margins Fuel Futures Market Recovery. Hogs (+0.45%) were higher too, so the buying was across the livestock market. It settled near the high of the day.
  • Today's range: 227.075–228.75 · Week: up $1.40 (+0.62%)
• Feeder Cattle (Nov): $342.075/cwt, up $0.125 (+0.04%)
  • Why: U.S. Cattle Prices Surge as Strong Packer Margins Fuel Futures Market Recovery. Live cattle (+0.53%) were higher too, so the buying was across the livestock market. Corn was down 0.78%, which lowers feed costs for feeder buyers.
  • Today's range: 341.375–343.525 · Week: up $0.125 (+0.04%)
• Lean Hogs (Dec): $66.875/cwt, up $0.30 (+0.45%)
  • Why: No single news story drove hogs higher today. Live cattle (+0.53%) were higher too, so the buying was across the livestock market.
  • Today's range: 66.30–67.375 · Week: down $0.95 (-1.40%)
• Crude Oil (Nov): $101.70/bbl, up $3.73 (+3.81%)
  • Why: Oil Futures Rise on Middle East, Russia-Ukraine Concerns. Diesel (+1.24%) was higher too, so the buying was across the energy market. It settled near the high of the day.
  • Today's range: 96.85–101.82 · Week: up $9.85 (+10.72%)
• Heating Oil (Nov): $4.9058/gal, up 6.02¢ (+1.24%)
  • Why: Diesel Prices Surge on Tightening Global Supply - Energy News, Top Headlines, Commentaries, Features & Events. Crude oil (+3.81%) was higher too, so the buying was across the energy market. It settled near the high of the day.
  • Today's range: 4.7456–4.9159 · Week: up 16.74¢ (+3.53%)
• Natural Gas (Nov): $3.116/MMBtu, down $0.12 (-3.71%)
  • Why: US Natural Gas Prices Fall 4% to 11-Week Low on Record Output.
  • Today's range: 3.064–3.229 · Week: down $0.104 (-3.23%)
• Gold (Dec): $4,177.10/oz, up $7.00 (+0.17%)
  • Why: TSX futures edge higher as gold prices rise; comments from BoC’s Macklem in focus. It settled near the low of the day.
  • Today's range: 4,167.50–4,220.30 · Week: down $39.20 (-0.93%)
• Silver (Dec): $57.095/oz, down $0.06 (-0.10%)
  • Why: How Crypto Investors Are Trading Gold and Silver On-Chain in 2026. It settled near the low of the day.
  • Today's range: 57.075–58.14 · Week: down $3.955 (-6.48%)
• Copper (Dec): $6.5610/lb, up 0.45¢ (+0.07%)
  • Why: Limited Copper Price Rebound, No Improvement in Copper Scrap Market Transactions [SMM Secondary Copper Daily Review]. It settled near the low of the day.
  • Today's range: 6.5465–6.6490 · Week: down 13.1¢ (-1.96%)

On deck

• Today: Weekly recap email (Week in Review), 3:00pm CT
• Mon: USDA export inspections, 10:00am CT
• Mon: USDA Crop Progress, 3:00pm CT

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