Market Perspectives – July 17, 2015

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: The NWS WPC seven-day Quantitative Precipitation Forecast (QPF) calls for dry conditions across an area extending from northern California to the Pacific Northwest, while portions of the Southwest are predicted to receive monsoonal moisture with forecast accumulations in the 1-3 inch range – primarily centered over Arizona. Moderate precipitation accumulations (2-3 inches) are forecasted for eastern portions of the central and northern Plains while the Midwest, Northeast and parts of the Southeast are expected to receive light-to-moderate accumulations (1-3 inches).

The 10-day outlooks call for a high probability of above-normal temperatures along the West Coast while northern portions of the Southwest and Intermountain West are expected to experience below-normal temperatures. Meanwhile, the eastern half of the country has a high probability of above-average temperatures, especially in the Southeast. Out West, there’s a high probability of above-average precipitation forecasted for western portions of the Southwest, southern California, Intermountain West and eastern portions of the Pacific Northwest. Likewise, the Midwest and Northeast have a high probability of above-average precipitation while Texas and the Southern Plains are forecasted to be dry. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.