Market Perspectives – April 2, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for moderate-to-heavy accumulations ranging from 1-to-5 inches across central and eastern portions of Texas and slightly lesser accumulations in southeastern Oklahoma, Arkansas, and northern Mississippi. Across much of the Southeast, the dry pattern is forecasted to continue with the exception of northern portions, which are forecasted for light accumulations (1-to-2 inches). In portions of the northern Plains and western portions of the Midwest, generally light accumulations (<1-inch liquid) are expected. Out West, moderate-to-heavy accumulations (ranging from 1-to-4 inches liquid) are forecasted for northern California while western portions of Oregon and Washington are forecasted to receive less accumulation. Across the Intermountain West, liquid accumulations of generally less than one inch are expected for parts of the central and northern Rockies, Uinta, and Wasatch ranges of Utah while the Southwest is expected to be dry.

The CPC 6-10-day Outlook calls for a moderate-to-high probability of above-normal temperatures east of the Rockies while areas west of the Rockies are expected to be below normal. In terms of precipitation, there is a moderate-to-high probability of above-normal levels across California and Nevada while there is a low-to-moderate probability of above-normal precipitation across the remainder of the West with the exception of the areas of Colorado and New Mexico where below normal precipitation is expected. Elsewhere, above-normal precipitation is expected (33% to 50% probabilities) across the eastern half of the conterminous U.S. with the exception of Florida where dry conditions are expected to prevail. In Alaska, the northern two-thirds of the state have a high probability of above-average precipitation while the Aleutians, Southcentral, and Southeast should be below normal.

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