Market Perspectives – February 28, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The storm system currently affecting the West will lose some organization while traversing the central and eastern U.S. Nevertheless, 5-day rainfall totals could reach 1 to 3 inches or more in the Southeast, while periods of generally light snow will affect portions of the Plains, Midwest, and Northeast. During the weekend and early next week, a strong surge of cold air will engulf the Plains and Midwest, with sub-zero temperatures expected as far south as northern sections of Kansas and Missouri. In addition, sub-freezing temperatures could reach into the Deep South. Farther west, a new storm system should arrive in California during the weekend, with wintry precipitation rapidly spreading eastward across portions of the southern U.S. by early next week.

The NWS 6- to 10-day outlook for March 5-9 calls for the likelihood of colder-than-normal conditions nationwide, except for near-normal temperatures in southern Florida and above-normal temperatures in parts of the Southwest. Meanwhile, wetter-than-normal weather from California into the middle Mississippi Valley should contrast with below-normal precipitation in the upper Great Lakes region and most areas east of the Mississippi River.

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