Market Perspectives – February 4, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: On February 4-5, a storm system crossing the nation’s mid-section will result in wind-driven snow from the upper Midwest into the Great Lakes region. Parts of the Midwest and Northeast could experience freezing rain, while late-week rain showers will occur in the Southeast, including much of Florida. The Midwest’s coldest air of the season will trail the storm, with temperatures during the weekend and early next week possibly falling to 0°F or below as far south as the Ohio and middle Mississippi Valleys. In parts of Minnesota and North Dakota, temperatures may remain below 0°F for at least 3 consecutive days, from February 6-8. Significant precipitation will be limited after cold air engulfs much of the country, aside from weekend rainfall in the Southeast and some wintry precipitation farther north across the eastern U.S.

The NWS 6- to 10-day outlook for February 9 – 13 calls for the likelihood of colder-than-normal weather nearly nationwide, except for above-normal temperatures across the southern tip of Florida and parts of the Southwest. Meanwhile, drier-than-normal weather west of the Rockies and in the Midwest and Northeast should contrast with near- or above-normal precipitation across the High Plains and Deep South.

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