Market Perspectives – January 3, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (January 3-7, 2019), a storm system will track across the South, bringing another round of moderate to heavy rain (1.5-4 inches) to the southern Great Plains, lower Mississippi Valley, and Deep South, with lighter totals in the mid-Atlantic and coastal New England. Unfortunately, it appears as though central and southern Florida will miss out on the rains. Pacific storm systems should drop decent precipitation along the West Coast and on the Cascades and Sierra Nevada. Light precipitation is also forecast for parts of Arizona, western New Mexico, southern Utah, and southwestern Colorado. Elsewhere, little or no precipitation will occur in the Great Basin, Plains, and Midwest. Temperatures should average above to much-above normal across the lower 48 States, with subnormal readings limited to the Southwest.

The CPC 6- to 10-day extended range outlook (January 8-12, 2019) showed enhanced chances for above-normal precipitation in the Northwest, Southwest, southern and central Plains, middle Mississippi and Ohio Valleys, and the Northeast. Subnormal precipitation was likely in the northern Plains and the Southeast. Unseasonably mild weather is expected to continue throughout the lower 48 States with the exception of northern New England.

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