Market Perspectives December 15, 2016

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: Expected precipitation in the next five days (December 15-19) is expected to be moderate to heavy (1.0-2.5 inches) from the central Gulf Coast area north-northeastward across the Tennessee and Ohio Valleys, the Great Lakes region, the mid-Atlantic, and the Northeast. Though this will be beneficial to these regions, it may not be quite enough to justify a one-category improvement for next week. For South Dakota, precipitation amounts are anticipated to range between 0.5-1.0 inch. In the higher elevations of the northern and central Rockies, and for the Mogollon Rim in central Arizona, precipitation amounts are forecast to range from 1.5 to 3.5 inches (liquid equivalent). Coastal California is also anticipated to receive significant precipitation during this period, on the order of 1.5-2.5 inches. Higher amounts (perhaps up to 10-inches, liquid equivalent) are forecast in the climatologically wetter areas of far northwestern California, and the Sierras. 

For the ensuing five-day period (December 20-24), above-median precipitation is favored for the Lower Mississippi and Tennessee Valleys, the Southeast and southern mid-Atlantic, the Pacific Northwest and northern Rockies, and nearly all of Alaska. Odds favor below-median precipitation from California eastward across the Four Corner states, continuing northeastward across the northern and central Plains, and Middle and Upper Mississippi Valley. 

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