Market Perspectives – July 1, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The National Weather Service Weather Prediction Center forecast for the next five days (July 1 -4) shows that the prolonged heat wave is expected to continue across the interior sections of the Northwest and Northern Rockies and move into the Northern High Plains. In the East, a cold front is forecast to bring relief from the hot, muggy weather in the Northeast, Mid-Atlantic, and Southeast. As the front moves through the region, these areas can expect moderate to heavy rainfall and an increased chance of severe weather.

Moving into next week, the Climate Prediction Center six-to-10 day outlook (valid July 6-10) favors above normal temperatures across the West, Northern and Central Plains, Midwest, and Northeast. Below normal temperatures are most likely across the South, Southeast, and Alaska. Below normal precipitation is expected to continue across much of the west and Northern Plains, while above normal precipitation is favored across most of the rest of the Lower 48 and Alaska.

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