Market Perspectives – April 30, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The National Weather Service Weather Prediction Center forecast for the remainder of the week calls for continued wet conditions across much of the eastern U.S., with the highest values (more than 2 inches) expected over the Mid-Atlantic. Temperatures in the eastern half of the country are expected to be near to above normal, with departures of 1 to 8 degrees, over the weekend. For the western half of the country, areas expected to receive an inch or more of precipitation include parts of the Pacific Northwest, northern Rockies, and Central Plains. In the Southwest, dry weather with temperatures 10 to 15 degrees above normal is expected to continue.

Moving into next week, the Climate Prediction Center 6-10 day outlook (valid May 5-9) favors below-normal temperatures for the much of eastern half of the country. Above-normal temperatures are expected throughout the West, the southern Plains, along the Gulf Coast, and throughout Florida. The greatest probabilities for above-normal precipitation are expected from northern Texas to the Middle Mississippi Valley and along the Mid-Atlantic and New England coasts.

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