Market Perspectives – January 17, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (January 17-21, 2019), a low pressure system is forecast to develop across the southern Great Plains and then track northeast to the Ohio Valley. This low-pressure system is expected to become a strong coastal low near southern New England. A swath of moderate to heavy snow and freezing rain is likely to accompany the winter storm from the middle Mississippi Valley northeast to the northern mid-Atlantic and Northeast. Although mostly dry weather is forecast across ongoing drought areas of southern Texas, light rainfall is anticipated across southern Florida during the next five days. Widespread rain and high-elevation snow are forecast throughout the western U.S. through early next week with heavy snow likely across the Cascades, Sierra Nevada, and Rockies. In the wake of the central and eastern U.S. winter storm this weekend, arctic high pressure is forecast to shift south from Canada and bring the coldest temperatures so far this winter to the northern Great Plains, Midwest, and Northeast.

The CPC 6- to 10-day extended range outlook (January 22-26, 2019) indicates enhanced odds for below-normal temperatures across much of the eastern two-thirds of the continental U.S. along with the central Rockies, Great Basin, and Southwest. Above-normal precipitation is favored from the Mississippi Valley to the East Coast and also across the northern and central Great Plains. High odds for below-normal precipitation are forecast across the Pacific Northwest, Great Basin, and California.

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