Market Perspectives – August 22, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: During August 22-25, a swath of moderate-to-heavy rain is forecast from the northern Intermountain West eastward through the northern half of the Plains, the Great Lakes Region, the central Appalachians and the mid-Atlantic. Between 2-5 inches is anticipated across much of Montana, western and southeastern parts of the Dakotas, southwestern and northeastern Minnesota, the southern Great Lakes, the central Appalachians and the mid-Atlantic from central Pennsylvania southward through Maryland and eastern Virginia west of the Chesapeake Bay.

Light to locally moderate rain is forecast for most other parts of the central and southern Rockies, the Southeast and areas immediately adjacent to the primary precipitation swath.

Little-or no-precipitation is expected along the West Coast, in the lower half of the Mississippi Valley and across the southeastern Plains. Mild temperatures are expected from the Rockies and northern Plains westward to the coast. Montana and western North Dakota are expecting daily high temperatures 6-15 degrees Fahrenheit below normal. Hot weather is anticipated from the Southeast and central Appalachians westward through the southeastern half of the Plains, with daily highs averaging 9 degrees or more above normal from the Tennessee and lower Ohio Valleys northwestward through Illinois.

For the period of August 26 – 30, odds at least slightly favor above-normal rainfall for a large swath of the country from the Southwest and the Rockies eastward through the Northeast, the central Appalachians, the central and eastern Gulf Coast region and the Southeast as far east as Georgia and Florida. Enhanced chances for below-normal precipitation are restricted to the Northwest and southern Texas. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.