Closing Report

Here's what pushed the markets today.

Closing prices, Fri Oct 9 · change vs. yesterday's close

• Corn (Dec): $4.80/bu, down 19.75¢ (-3.95%)
  • Why: U.S. Grain/Oilseed Review: CBOT in the red ahead of USDA report. Wheat (-1.83%) was lower too, so the selling was across the grain market.
  • Today's range: 4.70–5.05 · Week: down 16.75¢ (-3.37%)
• Soybeans (Nov): $12.92/bu, up 4.75¢ (+0.37%)
  • Why: BC-Soybean Futures. It went against corn (-3.95%) and wheat (-1.83%), which were lower.
  • Today's range: 12.70–12.99 · Week: up 11.5¢ (+0.90%)
• Wheat (Dec): $6.71/bu, down 12.5¢ (-1.83%)
  • Why: Hard Red Winter Wheat Jul'29 (CBOT: KEN29) Prices, Charts and History. Corn (-3.95%) was lower too, so the selling was across the grain market.
  • Today's range: 6.62–6.88 · Week: down 21.5¢ (-3.11%)
• Live Cattle (Dec): $227.10/cwt, up $3.55 (+1.59%)
  • Why: No single news story drove live cattle higher today. Feeder cattle (+2.09%) were higher too, so the buying was across the livestock market. It settled near the high of the day.
  • Today's range: 223.30–227.55 · Week: up $7.12 (+3.24%)
• Feeder Cattle (Nov): $341.88/cwt, up $7.00 (+2.09%)
  • Why: No single news story drove feeder cattle higher today. Live cattle (+1.59%) were higher too, so the buying was across the livestock market. Corn was down 3.95%, which lowers feed costs for feeder buyers. It settled near the high of the day.
  • Today's range: 334.60–342.38 · Week: up $11.75 (+3.56%)
• Lean Hogs (Dec): $67.75/cwt, down $0.85 (-1.24%)
  • Why: Hog futures hit contract low as pork cutout slumps - CME. It went against live cattle (+1.59%), which were higher.
  • Today's range: 67.32–68.68 · Week: down $3.20 (-4.51%)
• Crude Oil (Nov): $90.95/bbl, down $0.54 (-0.59%)
  • Why: Oil Prices Fall as Market Awaits Possible US-Iran Ceasefire Deal. Diesel (-4.65%) was lower too, so the selling was across the energy market.
  • Today's range: 90.01–92.16 · Week: up $1.52 (+1.70%)
• Heating Oil (Nov): $4.6558/gal, down 22.71¢ (-4.65%)
  • Why: Diesel Shortage October 2026: Prices, Causes and Outlook. Crude oil (-0.59%) was lower too, so the selling was across the energy market. It settled near the low of the day.
  • Today's range: 4.6542–4.8871 · Week: up 11.06¢ (+2.43%)
• Natural Gas (Nov): $3.201/MMBtu, up $0.03 (+1.04%)
  • Why: Strong rise in natural gas prices 📈🚨.
  • Today's range: 3.112–3.247 · Week: up $0.14 (+4.40%)
• Gold (Dec): $4,225.90/oz, up $68.90 (+1.66%)
  • Why: Gold Futures Rise to Rs 1.51 Lakh on Strong Demand. Silver (+3.08%) was higher too, so the buying was across the metals market. It settled near the high of the day.
  • Today's range: 4,156.10–4,232.70 · Week: up $69.10 (+1.66%)
• Silver (Dec): $61.26/oz, up $1.83 (+3.08%)
  • Why: Silver price rises to ₹2.24 lakh per kg in futures trade. Gold (+1.66%) was higher too, so the buying was across the metals market. It settled near the high of the day.
  • Today's range: 59.45–61.46 · Week: down $0.04 (-0.07%)
• Copper (Dec): $6.7120/lb, up 14.35¢ (+2.18%)
  • Why: BC-Copper Futures. It settled near the high of the day.
  • Today's range: 6.5115–6.7175 · Week: up 7.1¢ (+1.07%)

USDA's WASDE report today

• Corn: Ending stocks rose 282 million to 1.849 billion bushels: a bigger cushion, which usually weighs on prices. USDA raised the 2026/27 yield to 181.2 bu/acre (from 178.5), putting production at 16.034 billion bushels.
• Soybeans: Ending stocks rose 5 million to 315 million bushels: a bigger cushion, which usually weighs on prices. USDA raised the 2026/27 yield to 53.1 bu/acre (from 52.8), putting production at 4.562 billion bushels.
• Wheat: Ending stocks rose 23 million to 740 million bushels: a bigger cushion, which usually weighs on prices. USDA raised the 2026/27 yield to 48.1 bu/acre (from 47.8), putting production at 1.534 billion bushels.

Full breakdown: yield, exports, ending stocks

On deck

• Today: Weekly recap email (Week in Review), 3:00pm CT

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