Market Perspectives – April 26, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A storm system crossing the Southeast will drift into the Mid-Atlantic States on Friday and reach eastern Canada during the weekend. Meanwhile, a Pacific storm will traverse the Northwest and northern Plains, bearing rain and snow. Five-day precipitation totals could reach 1 to 2 inches or more along the northern Atlantic Coast and from the Pacific Northwest to the northern Rockies. In contrast, dry weather will prevail during the next 5 days in much of the Midwest, as well as southern California and the Desert Southwest.

The NWS 6- to 10-day outlook for May 1-5 calls for the likelihood of above-normal precipitation in the Southwest, as well as the central and southern Plains, mid-South, and Midwest. In contrast, generally warmer- and drier-than-normal weather should prevail in the middle and southern Atlantic States, the Pacific Northwest, and northern California.

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