Market Perspectives January 31, 2014

U.S. Drought Monitor Weather Forecast: 

During January 31-February 3, locally heavy precipitation amounts (2.5-3.5 inches, liquid equivalent) are expected for the higher elevations of the Cascades, the Sierras, the Bitterroots, the Wasatch, and the Colorado Front Range, which should help to elevate the SWE’s in those areas. Moderate precipitation (0.5-1.5 inches) is predicted across the abnormally dry regions of the central Gulf Coast and lower Mississippi Valley, as well as parts of south-central Florida. Elsewhere, precipitation amounts of less than a half-inch are generally forecast.

For the ensuing period of February 4-8, there are elevated odds of above-median precipitation over much of the nation east of the Continental Divide, except for portions of the upper Mississippi Valley and Northern Plains, where odds favor below-median precipitation. Below-median precipitation is also favored for California and southern Arizona. Follow this link to view current U.S. and international weather patterns and the future outlook:Weather and Crop Bulletin.