Market Perspectives – December 3, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The jet stream will continue to be active during the next couple weeks, sending a parade of Pacific weather systems into the CONUS, while an upper-level ridge continues to hold sway over the West. For December 3-7, the coastal portions of the Pacific Northwest will receive precipitation, although not as much as this past week with generally less than an inch predicted by the models. The forecast has about an inch of precipitation falling along the Kansas-Oklahoma border, over parts of east Texas, from southern Louisiana to the Mid-Atlantic coast, and across New England. Two inches or more are progged from Delaware to southern New England. An envelope of an inch or less of precipitation should surround these wetter areas, from the western Great Lakes to the Atlantic Coast, and from the Ohio Valley to Gulf Coast. Most of the West, Texas, central to northern Great Plains, and Midwest have little to no precipitation expected. Temperatures are predicted to be warmer than normal from the central and northern Plains to East Coast, and below normal over the interior West.

The outlook for December 8-12 is mostly dry. Odds favor below-normal precipitation across most of the CONUS, with only a strip from the Rockies to northern and central High Plains, as well as Alaska, having odds favoring wetter-than-normal conditions. Odds favor warmer-than-normal temperatures across most of the West, Plains, Midwest, and Northeast, with below-normal temperatures likely across parts of the Southeast and central Alaska.

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