Lot No. LOT-2438 · offered September 26, 2026

Commodity MarketsLot sheet

Feeder Cattle Gain $3.17 as Lean Hogs Slide in Friday Close

Dec corn ended at $5.28 1/4, up 3/4 cent, while feeder cattle jumped $3.17 to $334.92 and lean hogs fell 97 cents to $78.22 in Friday's mixed close.

Market notes

  • December corn closed at $5.28 1/4, up 3/4 cent, on September 25, 2026.
  • October feeder cattle gained $3.17 to $334.92 while live cattle slipped 20 cents to $218.87.
  • December Chicago wheat fell 3 3/4 cents to $7.03 1/4; October lean hogs dropped 97 cents to $78.22.
Closing Grain and Livestock Futures: September 25, 2026
PlateClosing Grain and Livestock Futures: September 25, 2026 — AI-generated

December corn closed at $5.28 1/4, up 3/4 cent, on September 25, 2026, leading a mostly mixed finish across grain and livestock futures.

November soybeans gained 1 1/2 cents to settle at $13.19. The soybean complex split, with October soybean meal falling $2.20 to $373.90 per ton while October soybean oil climbed 33 points to 67.26 cents per pound.

Wheat moved lower. December Chicago wheat finished at $7.03 1/4, down 3 3/4 cents.

Livestock posted the sharpest moves of the session. October feeder cattle surged $3.17 to $334.92 per hundredweight, even as October live cattle slipped 20 cents to $218.87. October lean hogs dropped 97 cents to $78.22.

For producers, the feeder cattle advance widens the cost of replacing stocker cattle at a time when the live cattle board held nearly flat — a spread that compresses margins for backgrounders and feedyards buying calves against a barely-changed fed cattle price. The 97-cent break in lean hogs pressures finishing margins for pork producers holding hogs against the board.

On the crop side, the fractional corn gain and modest soybean advance leave basis-driven marketing decisions largely unchanged. The soybean oil gain of 33 points, paired with a $2.20 meal decline, shifts relative value within the crush — a factor crushers and producers with on-farm storage will weigh when timing bean sales.

The wheat setback of nearly 4 cents continues to pressure Plains and Midwest winter wheat marketing plans, with the Chicago December contract holding just above the $7 mark.

Traders will look to upcoming USDA reports and export sales data for direction on whether the corn and soybean boards can build on Friday's steady-to-firm close.

via Brownfield Ag News (Source)

Filed under

  • feeder-cattle
  • lean-hogs
  • corn
  • soybeans
  • wheat
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Senior reporter covering regulation, policy and their impact on Agribusiness coverage for industry professionals at Agribusiness Wire.

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