Market Perspectives August 10, 2017

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: Since the Tuesday morning cutoff for this week’s map, rain has continued to fall on the central and southern High Plains and over a swath from south central Texas to the mid-Atlantic. For August 9-15, the National Weather Service’s Weather Prediction Center forecasts more rain across the drought-stricken regions of the upper Midwest and Great Plains. The upper Midwest and northern Plains can expect to see about an inch of rain while locations in the southern Plains and Mid-Atlantic may see amounts approaching 3 inches. Rainfall should keep temperatures in these regions near or below normal. Conditions in the Pacific Northwest are not expected to show considerable improvement over the coming week with the forecast of minimal rainfall amounts and continued warm temperatures. 

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