Market Perspectives – August 15, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (August 15 – 20, 2019) should bring heavy rains of at least 1.5 inches across the central Great Plains and much of the Midwest, with 3 to 5 inches forecast from northwestern Missouri and adjacent areas northward through central and eastern Iowa. Amounts exceeding 1.5 inches are also forecast for the Mississippi Delta and along the immediate Gulf and southern Atlantic Coasts. A few patches along the Atlantic Coast from southeastern Georgia through North Carolina should receive 3 to 4 inches. Moderate rains of 0.5 inch or more are anticipated in parts of upstate New York, northern New England, and inland areas near the central Gulf and southern Atlantic Coasts. Similar amounts are expected in most of the western Great Lakes, Midwest, Great Plains from Kansas into the central Dakotas, and upper Mississippi Valley. A few tenths of an inch should fall on the middle Atlantic region, the rest of the central and northern Great Plains and Mississippi Valley, and parts of central and northern Texas and adjacent Oklahoma. Little or no rain is expected in the rest of the 48 contiguous states, including the interior Southeast, the Ohio Valley, southern Texas, and most areas from the Rockies westward. Daytime high temperatures should average 3°F to 6°F below normal in the northern one-third of the Plains, and near 3°F below normal in north-central Florida. In contrast, daily highs are forecast to average around 3°F above normal in the middle Atlantic region, and 3°F to locally 9°F above normal from the southern half of the Great Plains westward through most of the Rockies, the Intermountain West, the Great Basin, and California away from the immediate coast.

The CPC 6-10 day outlook (August 21 -25, 2019) favors above-normal precipitation in the Alaskan Panhandle, parts of the Pacific Northwest, the northern Great Plains, the Mississippi Valley, southeast Texas, the Ohio Valley, the Southeast, and the middle Atlantic region. Meanwhile, enhanced chances for subnormal precipitation cover most of Alaska, although no tilt of the odds in either direction is indicated from the Kenai Peninsula westward through the Borough of Dillingham. Below normal precipitation chances are also elevated in upstate New York, most of New England, the central and southern Great Plains from central Texas through southwestern South Dakota, most of the High Plains, and the central Rockies. Neither precipitation extreme is favored elsewhere. Above-normal temperatures are favored across most of the country, with elevated chances for subnormal temperatures restricted to northwestern Montana, most of central and eastern Alaska, and the northern Alaska Peninsula. Neither positive nor negative temperature anomalies are favored in parts of the northern Rockies and in the lower Mississippi Valley.

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