Market Perspectives – December 12, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The National Weather Service Weather Prediction Center forecast for the remainder of the week calls for moderate to heavy mountain snows extending from the Pacific Northwest to the north-central Great Basin and Rockies. Meanwhile, parts of the northern High Plains, Upper Mississippi Valley, and upper Great Lakes are expected to see snow. As this storm moves eastward over the weekend, the Southeast, Tennessee Valley, and Mid-Atlantic will see rain, while mixed precipitation is expected in the Northeast. Dry conditions are expected in the Southwest, Southern Plains, and lower Mississippi River Basin.

Moving into next week, the Climate Prediction Center 6 to 10-day outlook (valid December 16-20) favors above-normal temperatures for the central and northern coast of California; parts of the Pacific Northwest, Southwest, and Central Plains regions; and the Florida Peninsula. Areas with increased chances for below-normal temperatures include parts of the Ohio and Tennessee Valleys and the Northeast region. Precipitation is likely to be above normal over the Pacific Northwest, parts of northern California, and from the Southern Plains, across the Southeast, and into the Mid-Atlantic region.

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