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Closing Report · Fri Oct 30

Here's what pushed the markets today.

What matters today

  • Crude news: Oil futures: Crude higher as diplomacy stalls, tanker attacks continue
  • Diesel news: Houthis Claim Hits on Three Saudi Oil Sites, and Diesel Pays First

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. Futures settlements are the official closing prices as printed by USDA (Market News reports for grains and cattle; the Risk Management Agency for dairy).

These are Thursday's official closes (Oct 29), the latest USDA has printed. USDA prints today's closes about 5 PM CT, and we'll send them to you this evening. Energy, metals and cash prices show their own dates.
Grains
Corn
4.51¼ /bu  Thu close: ▼ ½¢ (-0.11%)
Dec Corn · official close Thu Oct 29
 
Soybeans
12.19¾ /bu  Thu close: ▼ 4¾¢ (-0.39%)
Nov Beans · official close Thu Oct 29
 
Wheat
6.03¾ /bu  Thu close: ▲ 4¾¢ (+0.79%)
Dec Wheat · official close Thu Oct 29
 
KC Wheat
6.45¼ /bu  Thu close: ▲ 2¼¢ (+0.35%)
Dec KC Wheat · official close Thu Oct 29
 
Livestock
Live Cattle
226.30 /cwt  Thu close: ▼ $1.025 (-0.45%)
Dec Cattle · official close Thu Oct 29
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.
Futures-based (USDA LRP, Oct 29): Feb $229.50 (-$3.98 wk), Apr $238.22 (-$2.86 wk), Jun $235.04 (-$2.40 wk), Aug $229.65 (-$2.14 wk).
 
Feeder Cattle
346.475 /cwt  Thu close: ▼ $0.275 (-0.08%)
Nov Feeders · official close Thu Oct 29
Cash: Feeder steers, 700-800 lb (Oklahoma City): $362.64/cwt (Oct 26), up $9.33 from last week, $36.07 above a year ago.
Futures-based (USDA LRP, Oct 29): Jan $341.95 (-$2.08 wk), Mar $337.77 (-$2.78 wk), Apr $336.10 (-$3.39 wk), May $333.55 (-$3.96 wk).
 
Lean Hogs
$64.88 /cwt carcass  Fri cash ▼ $0.45
USDA cash hogs · Oct 30
Futures-based (USDA LRP, Oct 29): Feb $65.98 (-$1.94 wk), Apr $73.79 (-$0.24 wk), May $80.76 (+$0.69 wk).
 
Dairy
Class III Milk
16.73 /cwt  Thu close: ▲ $0.14 (+0.84%)
Jan Class III · official close Thu Oct 29
USDA: 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.
 
Class IV Milk
19.50 /cwt  Thu close: ▲ $0.45 (+2.36%)
Jan Class IV · official close Thu Oct 29
USDA: 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.
 
Cheese
1.564 /lb  Thu close: ▲ $0.017 (+1.10%)
Jan Cheese · official close Thu Oct 29
Cash: Cheese, 40-lb blocks (CME spot): $1.5975/lb (Oct 30), down 13.75¢ from Thursday.
 
Butter
142.875¢ /lb  Thu close: ▲ 0.95¢ (+0.67%)
Jan Butter · official close Thu Oct 29
Cash: Butter, Grade AA (CME spot): $1.3575/lb (Oct 30), up 3.75¢ from Thursday.
 
Energy
Crude Oil
$103.37 /bbl  Tue spot ▼ $1.88
EIA spot · Oct 27
In the news today: Oil futures: Crude higher as diplomacy stalls, tanker attacks continue.
 
Heating Oil
$4.687 /gal  Tue spot ▼ $0.146
EIA spot · Oct 27
In the news today: Houthis Claim Hits on Three Saudi Oil Sites, and Diesel Pays First.
 
Natural Gas
$2.76 /MMBtu  Tue spot ▲ $0.24
EIA spot · Oct 27
In the news today: Natural Gas Prices Battle Bearish Fundamentals.
 
Metals
Gold
$4,319.00 /troy oz  vs month before ▼ $92.00
World Bank monthly avg · September 2026
In the news today: Gold, silver extend losses as US inflation concerns weigh on rate-cut hopes.
 
Silver
$64.60 /troy oz  vs month before ▼ $0.80
World Bank monthly avg · September 2026
In the news today: Gold, silver extend losses as US inflation concerns weigh on rate-cut hopes.
 
Copper
$14,474 /metric ton  vs month before ▲ $148
World Bank monthly avg · September 2026
 

CME spot dairy today

  • Cheese, 40-lb blocks (CME spot): $1.5975/lb (Oct 30), down 13.75¢ from Thursday.
  • Cheese, 500-lb barrels (CME spot): $1.7250/lb (Oct 30), unchanged from Thursday.
  • Butter, Grade AA (CME spot): $1.3575/lb (Oct 30), up 3.75¢ from Thursday.
  • Nonfat dry milk, Grade A (CME spot): $2.1125/lb (Oct 30), up 2.5¢ from Thursday.
  • Dry whey, extra grade (CME spot): $0.8400/lb (Oct 30), up 2¢ from Thursday.

CME Group spot trading, as published by USDA Dairy Market News. Dairy futures by month and cash prices

USDA: prices farmers received, August 2026

  • Corn: U.S. average 4.45/bu, +0.19 from the month before, +0.49 from a year ago (3.96)
  • Soybeans: U.S. average 12.10/bu, +0.50 from the month before, +2.10 from a year ago (10.00)
  • All wheat: U.S. average 6.23/bu, +0.17 from the month before, +1.39 from a year ago (4.84)

Every state · Source: USDA NASS Agricultural Prices

On deck

  • Today: Weekly recap email (Week in Review), 3:00pm CT
  • Mon: ARC/PLC signup opens for the 2027 crop (USDA FSA)
  • Mon: Harvest Fuel Relief: USDA says crop payment rates come in November
  • Mon: USDA export inspections, 10:00am CT
  • Mon: USDA 5-area weekly fed cattle prices, 1:00pm CT
  • Mon: USDA Crop Progress, 3:00pm CT
  • Mon: Oklahoma City feeder cattle auction (USDA), 4:00pm CT

Informational only — not investment, trading or financial advice.

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