Market Perspectives – January 30, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A low pressure system brought precipitation to the southern Plains during Tuesday, January 28, after the cutoff time for this week’s USDM, and it moved across the Southeast on Wednesday, January 29, while another Pacific system brought precipitation to the Pacific Northwest. During the next 2 weeks, Pacific weather systems will continue to cross the CONUS in a westerly jet stream flow, with low pressure systems also developing along the Gulf of Mexico coast.

For January 30-February 3, 3 or more inches of additional precipitation are forecast for coastal Oregon and Washington, with an inch or more across the northern Rockies and 0.25 inch or more for the rest of the Pacific Northwest to northern High Plains, Great Basin to central Rockies, and east-central Arizona. Most of California, southern Nevada, and Arizona to New Mexico are forecast to be dry. Little to no precipitation is also predicted for much of the Plains. Half an inch or more is expected from eastern Texas to the Lower Mississippi Valley and the central Gulf Coast, with an inch or more widespread from Georgia to North Carolina and across southern Florida. Half an inch or less of precipitation is predicted for the rest of the country from the Mississippi River eastward. Temperatures are predicted to be warmer than normal across most of the CONUS, with some below-normal maximum temperatures in the Southwest.

For February 4-8, odds favor below-normal precipitation from California to Utah, and across most of Texas to Oklahoma, while above-normal precipitation is favored across Alaska and most of the rest of the CONUS. The outlook calls for warmer-than-normal temperatures from the Mississippi River to East Coast and the Alaska panhandle, and colder-than-normal temperatures in the Southwest and much of Alaska.

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