Closing Report
Here's what pushed the markets today.
Closing prices, Thu Oct 8 · change vs. yesterday's close
- Corn (Dec): $5.00/bu, down 2.25¢ (-0.45%)
- Why: U.S. Grain/Oilseed Review: CBOT futures fall off. Soybeans (-0.85%) and wheat (-0.44%) were lower too, so the selling was across the grain market.
- Today's range: 4.98–5.04 · Week: up 2.5¢ (+0.50%)
- Soybeans (Nov): $12.87/bu, down 11¢ (-0.85%)
- Why: U.S. grain prices retreat as corn, soybeans and wheat lose momentum before USDA report. Corn (-0.45%) and wheat (-0.44%) were lower too, so the selling was across the grain market. It settled near the low of the day.
- Today's range: 12.87–13.02 · Week: up 5.75¢ (+0.45%)
- Wheat (Dec): $6.83/bu, down 3¢ (-0.44%)
- Why: No single news story drove wheat lower today. Corn (-0.45%) and soybeans (-0.85%) were lower too, so the selling was across the grain market. It settled near the low of the day.
- Today's range: 6.82–6.92 · Week: down 8.75¢ (-1.26%)
- Live Cattle (Dec): $223.70/cwt, down $0.07 (-0.03%)
- Why: USDA Feeder Cattle Prices & CME Futures - October 7, 2026 - News and Statistics. Hogs (-0.65%) were lower too, so the selling was across the livestock market.
- Today's range: 222.23–224.27 · Week: up $3.72 (+1.69%)
- Feeder Cattle (Nov): $335.35/cwt, down $0.45 (-0.13%)
- Why: USDA Feeder Cattle Prices & CME Futures - October 7, 2026.
- Today's range: 332.42–337.05 · Week: up $5.23 (+1.58%)
- Lean Hogs (Dec): $68.65/cwt, down $0.45 (-0.65%)
- Why: Hog futures hit contract low as pork cutout slumps.
- Today's range: 68.00–68.95 · Week: down $2.30 (-3.24%)
- Crude Oil (Nov): $91.46/bbl, up $3.18 (+3.60%)
- Why: Brent Crude Oil Price Jumps After Attack on Iran’s South Pars Field. Diesel (+5.69%) was higher too, so the buying was across the energy market.
- Today's range: 88.77–93.20 · Week: up $2.03 (+2.27%)
- Heating Oil (Nov): $4.8859/gal, up 26.32¢ (+5.69%)
- Why: Home heating oil prices are soaring — and users' winter bills could rise 21%, federal outlook shows. Crude oil (+3.60%) was higher too, so the buying was across the energy market. It settled near the high of the day.
- Today's range: 4.6539–4.9126 · Week: up 34.07¢ (+7.50%)
- Natural Gas (Nov): $3.157/MMBtu, down $0.05 (-1.44%)
- Why: EIA Storage Result Bogs Down Natural Gas Futures.
- Today's range: 3.106–3.298 · Week: up $0.09 (+2.97%)
- Gold (Dec): $4,150.80/oz, up $10.10 (+0.24%)
- Why: Gold Futures Rise to Rs 1.49 Lakh on Strong Spot Demand. It went against silver (-1.60%), which was lower.
- Today's range: 4,128.10–4,170.70 · Week: down $6.00 (-0.14%)
- Silver (Dec): $59.33/oz, down $0.96 (-1.60%)
- Why: Silver Futures Decline to Rs 2.21 Lakh/kg. It went against gold (+0.24%), which was higher.
- Today's range: 58.73–60.84 · Week: down $1.97 (-3.21%)
- Copper (Dec): $6.5650/lb, down 8.45¢ (-1.27%)
- Why: How to Handle Red-Hot Copper Prices With Care. It settled near the low of the day.
- Today's range: 6.5610–6.7630 · Week: down 7.6¢ (-1.14%)
On deck
- Fri: USDA WASDE supply/demand report, 11:00am CT
- Fri: Weekly recap email (Week in Review), 3:00pm CT
Informational only — not investment, trading or financial advice. Prices may be delayed.
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