Market Perspectives – December 10, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for light-to-moderate liquid accumulations ranging from 1 to 2+ inches across a swath extending from east Texas and the Lower Mississippi Valley northward to eastern portions of the Midwest. Out West, moderate-to-heavy liquid accumulations are forecast for areas extending from Northern California to western Oregon and Washington including the Olympic Mountains of Washington, Cascades of Oregon and Washington, and the central/northern Sierra. Lighter precipitation (generally <1-inch liquid) is expected across the ranges of the northern Great Basin, the Rockies, and along the Mogollon Rim and “Sky Island” mountain ranges of southeastern Arizona. In northern portions of New England and the Southeast, light precipitation accumulations (generally <1 inch of liquid) are expected.

The CPC 6–10 day Outlook calls for a moderate-to-high probability of above-normal precipitation across most of the northern tier of the western U.S., Northern Plains, Upper Midwest, and the Northeast while normal temperatures are expected across much of Southwest Texas, the Midwest, the Northeast, and the Mid-Atlantic states. Conversely, there is a moderate-to-high probability of drier-than-normal conditions forecast for much of California, the central and southern Rockies, and the Southwest. Likewise, dry conditions are expected in Texas, the central and southern Plains, much of the Midwest, and Florida. In terms of temperature, there is a moderate-to-high probability of above-normal temperatures across most of the West, the Plains states, and the Northeast while below-normal temperatures are expected across the South and Southeast.

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