Closing Grain and Livestock Futures: September 4, 2026
Key Takeaways
- •Most grain and livestock futures contracts closed lower on September 4, 2026, ahead of USDA's September crop and supply-and-demand reports due in the second week of the month.
- •December corn settled 4 cents lower at $5.36 3/4, November soybeans fell 6 1/2 cents to $13.09 3/4, and December Chicago wheat dropped 20 1/4 cents to $7.34.
- •Livestock contracts declined, with October live cattle down $1.35 at $212.95, feeder cattle down 95 cents, lean hogs down $1.15, and Class III milk down 31 cents at $16.39.
- •October crude oil rose 18 cents to $91.48, a level that influences farm input costs such as fuel and fertilizer.
- •The Dow Jones Industrial Average closed down 271.86 points at 53,414.25.
Grain and livestock futures closed lower across most contracts on Friday, September 4, 2026, according to Brownfield Ag News market reports.
The losses came with markets positioned ahead of USDA's regular September crop and supply-and-demand reports, which typically land in the second week of the month and are a key pricing reference for new-crop corn and soybeans.
In the grain complex, December corn — the contract that tracks the newly harvested crop — settled at $5.36 3/4, down 4 cents, while November soybeans, also a new-crop contract, finished at $13.09 3/4, down 6 1/2 cents. October soybean meal closed at $348.20, down 40 cents, and October soybean oil ended at 68.89, down 74 points. December Chicago wheat settled at $7.34, down 20 1/4 cents.
In livestock, October live cattle closed at $212.95, down $1.35; October feeder cattle finished at $320.15, down 95 cents; and October lean hogs ended at $82.30, down $1.15. October Class III milk — the benchmark used for cheese-milk pricing — closed at $16.39, down 31 cents.
In the broader commodity and financial markets, October crude oil closed at $91.48, up 18 cents, a level that feeds into farm input costs such as fuel and fertilizer. December cotton settled at 86.33, down 12 points, while November rice finished at $15.87, up 17 cents. December gold closed at $4,480.30, down $59.60.
The Dow Jones Industrial Average closed at 53,414.25, down 271.86 points.
Source: Brownfield Ag News — report by John Perkins.
