Market Perspectives – April 24, 2015

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: For the ensuing period of April 24-27, northern New England, portions of Georgia, Alabama and southern Florida are expected to receive 1.0-1.5 inches of precipitation, which would help in the mitigation of existing dryness/drought. Up to about 2 inches of rain is forecast for the easternmost portions of the drought region in both Oklahoma and Texas during this period. Light precipitation (0.25-inch or less) is anticipated for most of the Dakotas and upper Mississippi Valley, though western South Dakota is expected to receive 1.0-1.5 inches of rain. Between 1.0-1.5 inches of precipitation (liquid equivalent) is predicted for parts of the West.

For the 10-day period, April 28-May 2, there are enhanced odds of near- to below-median precipitation across most of the contiguous U.S. Odds favor above-median rainfall from the central and eastern Gulf Coast region northeastward across the Southeast, mid-Atlantic, and southeastern New England. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.