Closing Report
Here's what pushed the markets today.
Prices at today's close, Mon Oct 19 · 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): $4.66¾/bu, down 7½¢ (-1.58%)
- Why: Corn Prices Fall More Than 6 Cents as Favorable U.S. Harvest Weather Weighs. Soybeans (-0.65%) and wheat (-0.68%) 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: 4.66–4.74 · Week: down 16¼¢ (-3.36%)
- Soybeans (Nov): $12.53/bu, down 8¼¢ (-0.65%)
- Why: BC-Soybean Futures. Corn (-1.58%) and wheat (-0.68%) 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: 12.51–12.65 · Week: down 34¾¢ (-2.70%)
- Wheat (Dec): $6.56/bu, down 4½¢ (-0.68%)
- Why: No single news story drove wheat lower today. Corn (-1.58%) was 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: 6.54–6.66½ · Week: down 16¼¢ (-2.42%)
- Live Cattle (Dec): $227.975/cwt, down $0.375 (-0.16%)
- Why: What’s Happening With Cattle Prices? Hogs (-0.67%) were lower too, so the selling was across the livestock market.
- Today's range: 227.225–228.60 · Week: up $1.375 (+0.61%)
- Feeder Cattle (Jan): $339.925/cwt, up $1.65 (+0.49%)
- Why: Live cattle futures reach 10-week high on tight beef supplies. Corn was down 1.58%, which lowers feed costs for feeder buyers. It settled near the high of the day.
- Today's range: 335.90–340.175 · Week: up $4.175 (+1.24%)
- Lean Hogs (Dec): $66.475/cwt, down $0.45 (-0.67%)
- Why: No single news story drove hogs lower today. It settled near the low of the day.
- Today's range: 66.325–67.70 · Week: down $1.90 (-2.78%)
- Crude Oil (Dec): $98.33/bbl, down $0.69 (-0.70%)
- Why: Oil futures: Brent lower as Russian waiver offsets Mideast tensions. Diesel (-0.26%) was lower too, so the selling was across the energy market.
- Today's range: 96.72–99.71 · Week: up $5.47 (+5.89%)
- Heating Oil (Dec): $4.7110/gal, down 1.22¢ (-0.26%)
- Why: Heating Oil Falls on Prospects for More Russian Fuel. Crude oil (-0.70%) was lower too, so the selling was across the energy market.
- Today's range: 4.5680–4.7827 · Week: up 12.42¢ (+2.71%)
- Natural Gas (Nov): $3.046/MMBtu, down $0.07 (-2.25%)
- Why: Natural Gas Futures Forfeit Momentum as Weather Forecasts Lean Bearish. It settled near the low of the day.
- Today's range: 3.029–3.184 · Week: down $0.121 (-3.82%)
- Gold (Dec): $4,168.00/oz, down $13.10 (-0.31%)
- Why: Gold retreats with Fed rate outlook in focus; lower oil prices limit losses. It went against silver (+0.29%), which was higher.
- Today's range: 4,155.60–4,211.20 · Week: down $22.60 (-0.54%)
- Silver (Dec): $57.47/oz, up $0.165 (+0.29%)
- Why: Gold, silver prices rise as traders pare bets on October Fed rate hike. It went against gold (-0.31%), which was lower.
- Today's range: 56.90–58.01 · Week: down $3.045 (-5.03%)
- Copper (Dec): $6.5915/lb, up 1.8¢ (+0.27%)
- Why: Copper Rises Amid Strong China Data.
- Today's range: 6.5285–6.6315 · Week: down 15.55¢ (-2.30%)
This week's export shipments
- Corn: Shipped 26.5 million bushels (0.67 million metric tons) in the week ending Oct 15, down 49% from the week before. Marketing year to date: 359 million bushels, 2% behind last year's pace.
- Soybeans: Shipped 73.6 million bushels (2.00 million metric tons) in the week ending Oct 15, up 80% from the week before. Marketing year to date: 263 million bushels, 27% ahead of last year's pace.
- Wheat: Shipped 8.8 million bushels (0.24 million metric tons) in the week ending Oct 15, down 22% from the week before. Marketing year to date: 265 million bushels, 36% behind last year's pace.
On deck
- Today: USDA Crop Progress, 3:00pm CT
Informational only — not investment, trading or financial advice. Prices may be delayed.
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