Closing Report

Here's what pushed the markets today.

Futures prices are off while we set up a licensed price feed. CME Group shows free delayed quotes on its own site. CME Group quotes. Grain settlements below are the official closing prices printed in USDA Market News grain reports.

• Corn ▼ Lower today
  • Last official settle (Mon Oct 26): Dec Corn $4.55/bu, down 1¢. Source: USDA Market News.
  • In the news: Corn market under pressure from US harvest and weaker Black Sea basis.
  • Delayed quotes at CME Group
• Soybeans ▼ Lower today
  • Last official settle (Mon Oct 26): Nov Beans $12.41¼/bu, down 15¼¢. Source: USDA Market News.
  • Delayed quotes at CME Group
• Wheat ▼ Lower today
  • Last official settle (Mon Oct 26): Dec Wheat $6.16/bu, down 9¢. Source: USDA Market News.
  • Delayed quotes at CME Group
• KC Wheat ▼ Lower today
  • Last official settle (Mon Oct 26): Dec KC Wheat $6.59/bu, down 5½¢. Source: USDA Market News.
  • Delayed quotes at CME Group
• Live Cattle ▼ Lower today
  • USDA cash market: Cash fed steers (live): $227.08/cwt (Oct 26), up $2.89 from last week, $10.81 below a year ago, $49.04 above the 5-year average.
  • USDA futures-based prices (LRP expected values, Oct 26): Feb $234.38 (+$3.42 wk), Apr $242.56 (+$3.88 wk), Jun $238.79 (+$3.17 wk), Aug $233.25 (+$2.89 wk).
  • Delayed quotes at CME Group
• Feeder Cattle ▲ Higher today
  • USDA cash market: Feeder steers, 700-800 lb (Oklahoma City): $362.64/cwt (Oct 26), up $9.33 from last week, $36.07 above a year ago.
  • USDA futures-based prices (LRP expected values, Oct 26): Jan $346.00 (+$6.00 wk), Mar $342.91 (+$7.05 wk), Apr $341.91 (+$7.01 wk), May $339.80 (+$6.43 wk).
  • Delayed quotes at CME Group
• Lean Hogs ▼ Lower today
  • USDA cash market: Cash hogs (negotiated, carcass): $66.27/cwt (Oct 27), down $1.86 from the last report, $25.05 below a year ago, $14.23 below the 5-year average.
  • USDA futures-based prices (LRP expected values, Oct 26): Feb $67.88 (-$1.02 wk), Apr $74.62 (-$0.24 wk), May $81.06 (+$0.28 wk).
  • Delayed quotes at CME Group
• Class III Milk ▲ Higher today
  • USDA dairy price: Class III milk price (announced): $16.04/cwt (September 2026), down $0.60 from the month before, $1.55 below a year ago, $3.09 below the 5-year average.
  • In the news: Milk futures take a $3 bounce, but surplus supply looms.
  • Delayed quotes at CME Group
• Class IV Milk ▲ Higher today
  • USDA dairy price: Class IV milk price (announced): $18.94/cwt (September 2026), up $1.58 from the month before, $2.77 above a year ago, $0.77 below the 5-year average.
  • In the news: Milk futures take a $3 bounce, but surplus supply looms.
  • Delayed quotes at CME Group
• Cheese ▲ Higher today
  • USDA dairy price: Cheddar cheese, 40-lb blocks (USDA survey): $1.3856/lb (week ending Oct 17), down $0.0453 from the week before, $0.3452 below a year ago, $0.5074 below the 5-year average.
  • Delayed quotes at CME Group
• Butter ▼ Lower today
  • USDA dairy price: Butter (USDA survey): $1.3547/lb (week ending Oct 17), down $0.0112 from the week before, $0.3405 below a year ago, $1.1687 below the 5-year average.
  • Delayed quotes at CME Group
• Crude Oil ▼ Lower today
  • Public benchmark (EIA): WTI crude oil, Cushing spot: $107.89/bbl (Oct 20), down $2.12 from the last reading, $49.55 above a year ago, $30.54 above the 5-year average.
  • In the news: Oil futures: Crude drifts lower on Mideast de-escalation hopes.
  • Delayed quotes at CME Group
• Heating Oil ▼ Lower today
  • Public benchmark (EIA): Diesel (ULSD), New York Harbor spot: $5.265/gal (Oct 20), up $0.092 from the last reading, $3.027 above a year ago, $2.373 above the 5-year average.
  • In the news: Three Russian diesel tankers, including two under sanctions, on the way to U.S. (CL1:COM:Commodity).
  • Delayed quotes at CME Group
• Natural Gas ▼ Lower today
  • Public benchmark (EIA): Natural gas, Henry Hub spot: $3.10/MMBtu (Oct 20), down $0.18 from the last reading, $0.11 above a year ago, $0.25 below the 5-year average.
  • In the news: Warm Weather and Storage Keep Futures Under Pressure.
  • Delayed quotes at CME Group
• Gold ▲ Higher today
  • Public benchmark (World Bank): Gold, monthly average: $4,319.00/troy oz (September 2026), down $92.00 from the month before, $651.00 above a year ago, $1,996.80 above the 5-year average.
  • Delayed quotes at CME Group
• Silver Steady today
  • Public benchmark (World Bank): Silver, monthly average: $64.60/troy oz (September 2026), down $0.80 from the month before, $21.80 above a year ago, $36.98 above the 5-year average.
  • In the news: Gold and silver prices decline on commodity markets.
  • Delayed quotes at CME Group
• Copper ▲ Higher today
  • Public benchmark (World Bank): Copper, monthly average: $14,474/metric ton (September 2026), up $148 from the month before, $4,490 above a year ago, $5,560 above the 5-year average.
  • In the news: Copper Futures Rebound as AI Optimism Returns.
  • Delayed quotes at CME Group

On deck

• Wed: EIA crude oil inventories, 9:30am CT
• Wed: USDA dairy product prices (NDPSR), 11:00am CT
• Wed: Fed rate decision, 1:00pm CT
• Wed: EIA spot prices update (crude, diesel, natural gas), 4:00pm CT

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