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Midweek farm markets trade mixed | Wednesday, April 7, 2021


On Wednesday, the CME Group’s farm markets have little support.
At the close, the May corn futures finished 6¼¢ higher at $5.60½. July corn futures closed 5¢ higher at $5.46. New-crop December corn futures closed 2¼¢ higher at $4.85½.
 
May soybean futures settled 10¢ lower at $14.08. July soybean futures closed 8¼¢ lower at $14.03. New-crop November soybean futures settled ½¢ lower at $12.70.
May wheat futures finished 3¼¢ higher at $6.16. 
July soymeal futures settled $2.90 short term higher at $411.40.
July soy oil futures closed -1.00¢ lower at 51.00¢ per pound.
In the outside markets, the NYMEX crude oil market is +0.26 higher (+0.44%) at $58.29. The U.S. dollar is higher, and the Dow Jones Industrials are 22 points lower (-0.07%) at 33,407 points. ....

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Western states brace for 'very active wildfire season' following warm, dry winter


Western states brace for very active wildfire season following warm, dry winter
Alicia Victoria Lozano
© Provided by NBC News
The western half of the country is bracing for a hot, dry and potentially dangerous wildfire season that appears to be already underway in several states.
The National Weather Service issued red flag warnings on Friday for much of the Great Plains, including North Dakota, where a large wildfire Thursday threatened homes and forced people to evacuate.
A red flag warning means critical fire weather conditions are either occurring now or will shortly. “A combination of strong winds, low relative humidity, and warm temperatures can contribute to extreme fire behavior,” the National Weather Service said on its website. ....

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