Market Perspectives – February 21, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A steady parade of storms will continue to traverse the country, delivering periods of rain and snow to the West; additional snowfall in the upper Midwest; and torrential rainfall across the interior Southeast, northward into the Ohio Valley. The largest storm during the next 5 days will emerge from the Southwest on February 22-23 and cross the upper Midwest on February 23-24. Five-day rainfall totals could reach 2 to 4 inches or more across the mid-South, while blizzard conditions could engulf the upper Midwest and neighboring regions, especially on February 23-24. In contrast, little or no precipitation will occur during the next 5 days in the lower Rio Grande Valley.

The NWS 6- to 10-day outlook for February 26-March 2 calls for the likelihood of near- or below-normal temperatures nationwide, except for warmer-than-normal weather across the lower Southeast. Temperatures will remain significantly below average across large sections of the northern, western, and central U.S. Meanwhile, near- or above-normal precipitation across most of the country should contrast with drier-than-normal conditions from southern California to the southern Plains and parts of the mid-South.

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