Market Perspectives August 3, 2017

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: In the two days since the Tuesday morning cutoff time for this week’s map, monsoon showers and thunderstorms have continued to bring precipitation to the southwestern U.S. For August 2-7, the National Weather Service’s Weather Prediction Center forecasts rainfall across many of the drought-afflicted regions of the country. The highest totals, up to 3 inches, of rain are forecast for Oklahoma and the upper Midwest. One to 1.5 inches is forecast for the eastern Great Plains and much of Texas, while the western half of the Great Plains, west and south Texas, and the long-term drought areas in southern California and Arizona could see about a half inch. The Pacific Northwest and western Montana are expected to see little or no precipitation and continued high temperatures ranging from 5 to 15 degrees above normal. Much of the rest of the country is expected to experience cooler than normal conditions. 

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