Closing Report

Here's what pushed the markets today.

Prices at today's close, Tue Oct 20 · 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): $4.61½/bu, down 5½¢ (-1.18%)
  • Why: Chicago Grain Futures Close Lower as Corn Leads Losses, Soybeans and Wheat Retreat. Soybeans (-0.48%) and wheat (-1.91%) were lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 4.61–4.68½ · Week: down 21¼¢ (-4.40%)
• Soybeans (Nov): $12.47½/bu, down 6¢ (-0.48%)
  • Why: Chicago Grain Futures Close Lower as Corn Leads Losses, Soybeans and Wheat Retreat. Corn (-1.18%) and wheat (-1.91%) were lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 12.45½–12.59½ · Week: down 36¼¢ (-2.82%)
• Wheat (Dec): $6.42¾/bu, down 12½¢ (-1.91%)
  • Why: Chicago Grain Futures Close Lower as Corn Leads Losses, Soybeans and Wheat Retreat. Corn (-1.18%) was lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 6.42½–6.62 · Week: down 26½¢ (-3.96%)
• Live Cattle (Dec): $230.20/cwt, up $2.175 (+0.95%)
  • Why: Live cattle futures reach 10-week high on tight beef supplies. Feeder cattle (+0.79%) and hogs (+1.21%) were higher too, so the buying was across the livestock market. It settled near the high of the day.
  • Today's range: 227.625–230.55 · Week: up $3.825 (+1.69%)
• Feeder Cattle (Jan): $342.625/cwt, up $2.70 (+0.79%)
  • Why: Live cattle futures reach 10-week high on tight beef supplies. Live cattle (+0.95%) were higher too, so the buying was across the livestock market. Corn was down 1.18%, which lowers feed costs for feeder buyers. It settled near the high of the day.
  • Today's range: 338.325–343.35 · Week: up $6.775 (+2.02%)
• Lean Hogs (Dec): $67.15/cwt, up $0.80 (+1.21%)
  • Why: No single news story drove hogs higher today. Live cattle (+0.95%) were higher too, so the buying was across the livestock market. It settled near the high of the day.
  • Today's range: 66.25–67.325 · Week: down $0.875 (-1.29%)
• Crude Oil (Dec): $97.80/bbl, down $0.74 (-0.75%)
  • Why: Oil prices fall as traders hope for diplomatic progress in Middle East.
  • Today's range: 95.25–101.37 · Week: up $4.63 (+4.97%)
• Heating Oil (Dec): $4.7240/gal, down 0.2¢ (-0.04%)
  • Why: WTI crude squeezed between Hormuz risk and diesel ban speculation. Crude oil (-0.75%) was lower too, so the selling was across the energy market.
  • Today's range: 4.6030–4.8021 · Week: down 5.26¢ (-1.10%)
• Natural Gas (Nov): $2.995/MMBtu, down $0.063 (-2.06%)
  • Why: Natural Gas Futures Staring Down ‘Sharp Drop’ as Sub-$3 Fling Extends.
  • Today's range: 2.958–3.046 · Week: down $0.288 (-8.77%)
• Gold (Dec): $4,141.60/oz, down $18.50 (-0.44%)
  • Why: Gold prices declined amid cautious anticipation of the Federal Reserve meeting and US inflation data. It went against silver (+1.15%), which was higher.
  • Today's range: 4,130.10–4,174.90 · Week: down $35.70 (-0.85%)
• Silver (Dec): $57.935/oz, up $0.66 (+1.15%)
  • Why: Gold Silver Prices Record Sharp Rise. It went against gold (-0.44%), which was lower.
  • Today's range: 56.51–58.76 · Week: down $1.59 (-2.67%)
• Copper (Dec): $6.6145/lb, up 3.9¢ (+0.59%)
  • Why: LME Copper Options Open Interest Climbs as Futures Prove Too Volatile.
  • Today's range: 6.5275–6.6485 · Week: down 11.15¢ (-1.66%)

On deck

• Wed: EIA crude oil inventories, 9:30am CT

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