Market Perspectives August 24, 2017

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: Looking at the next 7 days, Tropical System Harvey is forecasted to make landfall in southeast Texas Friday morning bringing with it several days of heavy rainfall in eastern Texas, Louisiana, and the lower Mississippi Valley Friday through early next week. Precipitation totals may approach 1 foot in some locations. Elsewhere, precipitation totals may total 1-2 inches in the northern High Plains stretching southwestward into the Texas Panhandle and New Mexico. Another tropical disturbance is forecasted to bring precipitation to southern Florida and depending on its development and track, along the Southeastern coastline. An active weather is expected in the Southwest as weak disturbances move over New Mexico. Temperatures will remain below normal for much of the eastern half of the country while the western half will be above normal. The coolest anomalies will be in the South and Southeast.

Looking ahead 8-14 days, the Climate Prediction Center’s outlook calls for the greatest probability of above normal temperatures in the Northwest while the South and Southeast have the best odds of being cooler than normal. Odds are in favor of precipitation falling in the Southwest and East while the Midwest and Northwest remain dry. 

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