Market Perspectives January 10, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: During the period of January 10-13, a strong ridge appears primed to set up camp for the next couple of weeks, bringing better prospects for well above-normal temperatures across most of the country. The only notable exception is southwestern Colorado, where temperatures are expected to be slightly below the norm. A strong storm system could bring the first considerable widespread winter event to the Pacific Northwest, particularly the western halves of Oregon and Washington as well as the Idaho Panhandle. Good moisture is also predicted for the southern Plains (eastern Kansas, eastern Oklahoma and eastern Texas), Lower Mississippi Valley, Gulf Coast and the Southeast. The Northeast may also see some good precipitation materialize over this period. The Southwest and northern Plains look to remain dry.

For the period ofJanuary 14-18, the ridging pattern looks to remain entrenched bringing better odds of continued above-normal temperatures across the entire West and into the western Plains from Texas northward to North Dakota. New England is another region looking to share in the warmth. The Great Lakes and the Gulf Coast appear to be headed for below-normal temperatures. As for precipitation, this pattern tilts the odds toward below-normal for the West and central and southern Plains while the northern Plains, Great Lakes and the eastern Seaboard can expect a better chance of above-normal precipitation. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.