Market Perspectives – April 15, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The National Weather Service Weather Prediction Center forecast for the next five days (April 15-19) shows slow moving storm systems affecting large parts of the Lower 48. This storm is expected to bring cold temperatures and late season snows across the Northern Plains, Central Rockies and Northern Great Basin. In the Southwest, dry weather combined with gusty winds is expected to persist, leading to an elevated fire risk. In contrast, the Lower Mississippi Valley and eastern Gulf Coast states are expected to see heavy rainfall.

Moving into next week, the Climate Prediction Center six to 10 day outlook (valid April 19-23) favors above normal temperatures across the West, Northeast and Southeast. Below normal temperatures are most likely across the Great Plains, Midwest and Mississippi Valley. Below normal precipitation is expected across much of the country with the exception of the Southern High Plains, Florida and New England.

Follow this link to view current U.S. and international weather patterns and future outlook: Weather and Crop Bulletin.