Market Perspectives – August 1, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: From August 1-4,locally heavy showers will shift eastward across the South, eventually reaching the southern Atlantic States. Five-day rainfall totals could reach 1-3 inches from Florida into the southern mid-Atlantic region. Meanwhile, showers will linger across the central and southern Rockies in the wake of a significant rainfall event. Most of the remainder of the West will experience dry weather, except for isolated showers across the Great Basin and Intermountain region. Mostly dry weather will also prevail during the next several days from the northern Plains into the middle Mississippi Valley. Elsewhere, an ongoing heat wave in the Northwest will contrast with near- to below-normal temperatures in most other parts of the country.

The NWS outlook for August 5 – 9 calls for the likelihood of below-normal temperatures in large sections of the central and eastern U.S., as well as the central Rockies, while hotter-than-normal conditions will cover the lower Southeast, the lower Rio Grande Valley and the Far West. Meanwhile, near- to above-normal rainfall across the majority of the U.S. will contrast with the likelihood of drier-than-normal conditions in the Pacific Northwest, northern Plains, far upper Midwest and southern parts of Arizona, Texas and Florida. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin