Midday Movers

Here's what's moving the markets so far today.

Prices as of 10:00 AM CT (about 10 min delayed) · change vs. yesterday's close

• Corn (Dec): $4.57¾/bu, down 4¼¢ (-0.92%)
  • Why: Corn market under pressure as futures soften and Black Sea supply weighs. Soybeans (-0.44%) and wheat (-3.15%) were lower too, so the selling was across the grain market.
  • Today's range: 4.53½–4.62¾ · Week: down 23¢ (-4.78%)
• Soybeans (Nov): $12.42¾/bu, down 5½¢ (-0.44%)
  • Why: Soybeans under pressure as US harvest and Brazil planting accelerate. Corn (-0.92%) and wheat (-3.15%) were lower too, so the selling was across the grain market.
  • Today's range: 12.35¾–12.49 · Week: down 34½¢ (-2.70%)
• Wheat (Dec): $6.23/bu, down 20¼¢ (-3.15%)
  • Why: Wheat Futures Lower on Overseas Focus -- Daily Grain Highlights. Corn (-0.92%) was lower too, so the selling was across the grain market. It's trading near the low of the day.
  • Today's range: 6.21–6.43¾ · Week: down 50¼¢ (-7.46%)
• Live Cattle (Dec): $231.475/cwt, up $1.30 (+0.56%)
  • Why: Cattle futures hit multi-month highs on tight supplies. Feeder cattle (+0.69%) were higher too, so the buying was across the livestock market. It's trading near the high of the day.
  • Today's range: 229.50–231.90 · Week: up $6.35 (+2.82%)
• Feeder Cattle (Nov): $348.675/cwt, up $2.375 (+0.69%)
  • Why: Cattle futures hit multi-month highs on tight supplies. Live cattle (+0.56%) were higher too, so the buying was across the livestock market. Corn was down 0.92%, which lowers feed costs for feeder buyers. It's trading near the high of the day.
  • Today's range: 345.85–349.35 · Week: up $10.225 (+3.02%)
• Lean Hogs (Dec): $66.125/cwt, down $1.025 (-1.53%)
  • Why: Daily Livestock Report: Pork Packer Margins Tighten as Cash Hog Prices Face Pressure. It went against live cattle (+0.56%), which were higher. It's trading near the low of the day.
  • Today's range: 66.05–66.825 · Week: up $0.05 (+0.08%)
• Crude Oil (Dec): $97.73/bbl, down $0.09 (-0.09%)
  • Why: Oil prices fall as traders hope for diplomatic progress in Middle East. Diesel (-1.93%) was lower too, so the selling was across the energy market.
  • Today's range: 96.92–100.40 · Week: up $3.83 (+4.08%)
• Heating Oil (Nov): $4.8300/gal, down 9.5¢ (-1.93%)
  • Why: EXCLUSIVE: US aims to loan about a third of heating oil reserve in bid to tame prices. It's trading near the low of the day.
  • Today's range: 4.8169–5.0335 · Week: down 9.74¢ (-1.98%)
• Natural Gas (Nov): $2.840/MMBtu, down $0.123 (-4.15%)
  • Why: Bearish Forecasts Prolong Natural Gas Futures Freefall. It's trading near the low of the day.
  • Today's range: 2.825–3.004 · Week: down $0.358 (-11.19%)
• Gold (Dec): $4,150.30/oz, up $7.70 (+0.19%)
  • Why: No single news story drove gold higher today. It went against silver (-0.52%), which was lower.
  • Today's range: 4,124.00–4,160.60 · Week: up $42.40 (+1.03%)
• Silver (Dec): $57.70/oz, down $0.30 (-0.52%)
  • Why: Gold and silver prices decline in commodity markets.
  • Today's range: 57.22–58.415 · Week: up $1.825 (+3.26%)
• Copper (Dec): $6.5635/lb, down 4¢ (-0.61%)
  • Why: Copper Prices Decline as US Tariff Concerns Ease.
  • Today's range: 6.5190–6.6265 · Week: down 9.7¢ (-1.46%)

Yesterday's official settlements

The 2:00 report goes out before the exchange posts settlements. Today's changes are figured from these official numbers.

• Corn (Dec) settled at $4.62/bu (Tue), not the $4.61½/bu last trade in that day's 2:00 report.
• Soybeans (Nov) settled at $12.48¼/bu (Tue), not the $12.47½/bu last trade in that day's 2:00 report.
• Wheat (Dec) settled at $6.43¼/bu (Tue), not the $6.42¾/bu last trade in that day's 2:00 report.
• Live Cattle (Dec) settled at $230.175/cwt (Tue), not the $230.20/cwt last trade in that day's 2:00 report.
• Feeder Cattle (Nov) settled at $346.30/cwt (Tue), not the $342.625/cwt last trade in that day's 2:00 report.
• Crude Oil (Dec) settled at $97.82/bbl (Tue), not the $97.80/bbl last trade in that day's 2:00 report.
• Heating Oil (Nov) settled at $4.9250/gal (Tue), not the $4.7240/gal last trade in that day's 2:00 report.
• Natural Gas (Nov) settled at $2.963/MMBtu (Tue), not the $2.995/MMBtu last trade in that day's 2:00 report.
• Gold (Dec) settled at $4,142.60/oz (Tue), not the $4,141.60/oz last trade in that day's 2:00 report.
• Silver (Dec) settled at $58.00/oz (Tue), not the $57.935/oz last trade in that day's 2:00 report.
• Copper (Dec) settled at $6.6035/lb (Tue), not the $6.6145/lb last trade in that day's 2:00 report.

Livestock price insurance (USDA LRP, prices for Oct 20)

• Feeder steers 600-1,000 lb, ending Jan 19: 95% coverage at $325.55/cwt costs you about $3.61/cwt after the USDA subsidy (up $0.03 from last week; coverage price down $26.26 from a year ago).
• Fed cattle, ending Jan 19: 95% coverage at $221.51/cwt costs you about $2.28/cwt after the USDA subsidy (up $0.04 from last week; coverage price down $12.71 from a year ago).
• Hogs, ending Jan 19: 95% coverage at $64.95/cwt costs you about $1.41/cwt after the USDA subsidy (down $0.03 from last week; coverage price down $15.62 from a year ago).

LRP calculator and screwworm border status

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