Closing Report

Here's what pushed the markets today.

Prices at today's close, Fri Oct 23 · 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): $4.56/bu, down 4½¢ (-0.98%)
  • Why: Corn market steady as EU maize tightens and Black Sea risks persist. It went against soybeans (+0.36%), which were higher. It settled near the low of the day.
  • Today's range: 4.55¼–4.62¼ · Week: down 18¼¢ (-3.85%)
• Soybeans (Nov): $12.57½/bu, up 4½¢ (+0.36%)
  • Why: Soybeans edge higher as products and weather risks support prices. It went against corn (-0.98%), which was lower.
  • Today's range: 12.51¾–12.64¼ · Week: down 3¾¢ (-0.30%)
• Wheat (Dec): $6.25/bu, up ¼¢ (+0.04%)
  • Why: Wheat Futures Face Longest Losing Streak Since 1997 on CBOT. It went against KC wheat (-0.26%) and corn (-0.98%), which were lower. It settled near the low of the day.
  • Today's range: 6.23½–6.31½ · Week: down 35½¢ (-5.37%)
• KC Wheat (Dec): $6.64/bu, down 1¾¢ (-0.26%)
  • Why: No single news story drove KC wheat lower today. Corn (-0.98%) was lower too, so the selling was across the grain market. It settled near the low of the day.
  • Today's range: 6.63–6.70¼ · Week: down 40¢ (-5.68%)
• Live Cattle (Dec): $231.20/cwt, up $0.075 (+0.03%)
  • Why: No single news story drove live cattle higher today. Feeder cattle (+0.34%) were higher too, so the buying was across the livestock market. It settled near the high of the day.
  • Today's range: 229.55–231.60 · Week: up $2.85 (+1.25%)
• Feeder Cattle (Nov): $348.10/cwt, up $1.175 (+0.34%)
  • Why: No single news story drove feeder cattle higher today. Corn was down 0.98%, which lowers feed costs for feeder buyers.
  • Today's range: 345.875–348.80 · Week: up $6.20 (+1.81%)
• Lean Hogs (Dec): $65.575/cwt, up $0.025 (+0.04%)
  • Why: No single news story drove hogs higher today.
  • Today's range: 65.075–65.875 · Week: down $1.35 (-2.02%)
• Class III Milk (Nov): $17.78/cwt, up $0.10 (+0.57%)
  • Why: No single news story drove Class III milk higher today. Cheese (+0.72%) was higher too, so the buying was across the dairy market.
  • Today's range: 17.21–18.00 · Week: up $0.44 (+2.54%)
• Class IV Milk (Nov): $21.00/cwt, unch.
  • Why: Class IV milk was steady.
  • Week: unch.
• Cheese (Nov): $1.679/lb, up $0.012 (+0.72%)
  • Why: No single news story drove cheese higher today. Class iii milk (+0.57%) was higher too, so the buying was across the dairy market.
  • Today's range: 1.640–1.699 · Week: up $0.054 (+3.32%)
• Butter (Nov): 138.30¢/lb, down 1.7¢ (-1.21%)
  • Why: No single news story drove butter lower today.
  • Week: down 1.95¢ (-1.39%)
• Crude Oil (Dec): $103.41/bbl, up $3.94 (+3.96%)
  • Why: Crude Oil Futures Rise Tracking Positive Global Trends. Diesel (+1.43%) was higher too, so the buying was across the energy market. It settled near the high of the day.
  • Today's range: 98.84–103.53 · Week: up $4.39 (+4.43%)
• Heating Oil (Nov): $5.0026/gal, up 7.05¢ (+1.43%)
  • Why: Diesel Prices Surge on Tightening Global Supply - Energy News, Top Headlines, Commentaries, Features & Events. Crude oil (+3.96%) was higher too, so the buying was across the energy market. It settled near the high of the day.
  • Today's range: 4.8899–5.0274 · Week: up 10.35¢ (+2.11%)
• Natural Gas (Nov): $2.637/MMBtu, down $0.159 (-5.69%)
  • 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: 2.621–2.792 · Week: down $0.479 (-15.37%)
• Gold (Dec): $4,010.60/oz, down $49.80 (-1.23%)
  • Why: Gold Futures Decline Amid Weak Spot Demand. Silver (-1.76%) was lower too, so the selling was across the metals market.
  • Today's range: 3,989.20–4,050.20 · Week: down $170.50 (-4.08%)
• Silver (Dec): $54.035/oz, down $0.97 (-1.76%)
  • Why: Gold, Silver prices today, October 23: Yellow metal, silver slip on middle east tensions; check city-wise prices in Delhi, Mumbai and other cities. Gold (-1.23%) was lower too, so the selling was across the metals market.
  • Today's range: 53.075–54.795 · Week: down $3.27 (-5.71%)
• Copper (Dec): $6.4990/lb, up 10.1¢ (+1.58%)
  • Why: Copper Tests 14-Month Support. It settled near the high of the day.
  • Today's range: 6.3715–6.5280 · Week: down 7.45¢ (-1.13%)

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.