Market Perspectives – January 9, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A strong storm system is forecast to move across the central and eastern continental U.S. over the next week, delivering 1-3 inches of precipitation, with locally higher amounts, from the south-central U.S. to the Lower Great Lakes region between January 8 and 13. High elevation areas in the West (generally north of the Colorado/New Mexico state line) are forecast to receive precipitation this week as well, with amounts in excess of 3 inches possible in the Cascades and Olympic Range and along the Pacific Coast from northern California into Washington. Primarily warmer than normal temperatures are forecast in the eastern continental U.S. through Tuesday, January 14, while below-normal temperatures will be more common in the West. Temperature swings will occur in the central and southern Great Plains as a series of storm systems and cold fronts progress across the continental U.S., while temperatures in the northern Great Plains will be primarily colder than normal.

From Monday, January 13 to Friday, January 17, the National Weather Service Climate Prediction Center is forecasting high probability for warmer than normal temperatures in the southeast half of the continental U.S., and high probability for colder than normal temperatures in the northwest half of the continental U.S. Excepting parts of the southern High Plains and southwest Texas, as well as the Florida Peninsula, the forecast is in favor of above-normal precipitation. In Alaska, above-normal precipitation is forecast from January 13-17, except for southern coastal areas. During this time period, warmer than normal temperatures are forecast for the northern half of Alaska, and colder than normal temperatures are forecast for the southern half of Alaska.

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