Market Perspectives – August 6, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Over the next 5-7 days, it is anticipated that the West remains dry with only light precipitation over portions of New Mexico and southeast Arizona and into the coastal regions of the Pacific Northwest. The greatest precipitation is anticipated over the Midwest and areas from Florida north along the East coast. Temperatures during this time will be warmest over the West with departures of 3-6 degrees above normal widespread over the Southwest and into the Rocky Mountains. Cooler than normal temperatures are projected over the lower Mississippi Valley with departures of up to 3 degrees below normal.

The 6-10-day outlooks show the greatest likelihood of above-normal temperatures over the areas east of the Rocky Mountains, with the greatest probabilities over southern New Mexico and the Great Lakes. There are also above-normal chances of below-normal temperatures over the west coast and into the Great Basin. The greatest chances of above-normal precipitation are over the eastern half of the country, centered on the Midwest, and also over the Pacific Northwest. The highest chances of below-normal precipitation are centered over Colorado and New Mexico and dominating the Rocky Mountain states and into the Plains.

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