Market Perspectives – February 8, 2018

U.S. WEATHER/CROP PROGRESS

U.S. Drought Monitor Weather Forecast: A wintry mix will depart the East Coast at the beginning of the period, with this system having already provided much-needed rain and snow to many drought areas of the southern and eastern U.S. On this storm’s heels, a frontal boundary initially draped over the northern Plains and Corn Belt will be the focus for another round of rain and snow. As the front pushes south, a wave of low pressure will develop and move northeastward across the Atlantic Coast States during the weekend. As a result, moderate to heavy precipitation (1-2 inches, locally more) will provide additional drought relief from the Delta into the Mid-Atlantic and Northeast, with lighter showers expected over the Southeast. Despite the active weather pattern, dry weather will linger from the southern Plains into the Southwest. The NWS 6- to 10-day outlook for February 13-17 calls for warmer- and wetter-than-normal weather across the eastern third of the nation. Likewise, near- to above-normal temperatures are anticipated from the Plains to the Pacific Coast — save for chilly weather on the northern Plains — but unfavorable dryness will persist from the western Corn Belt and central Plains to the Pacific Coast States.

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