Market Perspectives – August 29, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Over the week beginning Tuesday, August 27, according to NOAA’s Climate Prediction Center, dry conditions are expected to continue across southern Texas and much of the western third of the continental U.S., while light to heavy rainfall may occur across the remainder of the country. Parts of Kansas may receive up to about 4 inches, with isolated higher amounts. Hurricane Dorian will bring heavy rain and potential flooding to Puerto Rico and Florida, where 4-8 inches of rain are expected from the storm, with locally higher amounts. Looking further ahead to September 2-6, below-normal temperatures are favored across Maine and parts of the Northern Plains and Midwest, nosediving into Oklahoma and northern Arkansas, while above-normal temperatures are forecast for Alaska, the western third of the CONUS, across most of Texas, and into the Southeast and Mid-Atlantic states. Much of the Southwest and Alaska are both favored to have some badly needed above-average precipitation, as is the Southeast and the northern tier of the CONUS. There are enhanced probabilities of below-normal precipitation for the Southern and Central Plains into parts of the Midwest. Please note the forecast confidence for this period is above average, according to CPC.

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