Market Perspectives – January 16, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast:  Another winter storm system is forecast to traverse the Central Plains, Midwest, and eastern continental U.S. from Thursday, January 16 into the weekend of Saturday the 18th, delivering widespread rain, snow, and a mix of winter precipitation types. For January 16-21, the National Weather Service Weather Prediction Center is forecasting over three-quarters of an inch of precipitation in a widespread area from coastal central and northern California northward through the high elevation areas of western Washington and Oregon. Precipitation is also forecast in the central and northern Sierra Nevada, and in some of the high elevation regions of the Rocky Mountain Front Ranges and Intermountain West. Widespread precipitation is forecast from West Texas northeastward along and north of the Interstates 44 and 70 corridors and in the Ohio Valley and Northeast, where amounts may exceed an inch in some areas. Temperatures will vary in the High Plains and West during this period, while generally warmer than normal conditions over the eastern continental U.S during the first half of the weekend are forecast to be replaced by colder than normal weather afterward.

For January 21-25, the National Weather Service Climate Prediction Center is forecasting mainly warmer than normal temperatures from the High Plains westward, and below-normal temperatures in the South, Southeast, and Northeast. Below-normal precipitation is favored during this period in the Northeast, Great Lakes and Ohio Valley, while above-normal precipitation is favored in the Pacific Northwest, the Central and Southern Great Plains, and areas in between.

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