Market Perspectives – August 8, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: From August 8-11, showery weather will gradually shift from the north-central U.S. into the Southeast. Five-day rainfall totals could reach 2-4 inches from the southwestern Corn Belt to the Carolinas. Meanwhile, mostly dry weather will prevail across the Great Lakes region and the southern Plains, although generally cool weather in the Midwest will contrast with hot conditions in the south-central U.S. Farther west, monsoon showers will be mostly confined to the northern Intermountain region, although a new surge of moisture may reach the Southwest during the next few days.

The NWS outlook for August 12-16 calls for the likelihood of below-normal temperatures from the central Plains into the Midwest and Northeast, while hotter-than-normal conditions can be expected across the northern High Plains, Deep South, and much of the West. Meanwhile, near-to-above-normal rainfall across the majority of the U.S. will contrast with the likelihood of drier-than-normal weather in southern Texas and from the Pacific Northwest to the northern High Plains.Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin