Market Perspectives – July 18, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Heat and high humidity levels will dominate the central and eastern U.S. through week’s end, except on the northern Plains. By early next week, however, markedly cooler, drier air will arrive across the Plains and Midwest. Meanwhile, the post-tropical remnants of Hurricane Barry will spark showers in the East through Thursday, while scattered showers and thunderstorms will affect parts of the nation’s northern tier. Five-day rainfall totals could reach 2 to 4 inches in the upper Midwest and locally 1 to 3 inches east of the Mississippi River. In contrast, dry weather will prevail in the south-central U.S. and from California to the Intermountain West.

The NWS 6- to 10-day outlook for July 23 – 27 calls for the likelihood of below-normal temperatures from the central and southern Plains to the Atlantic Seaboard, excluding southern Florida, while hotter-than-normal conditions will dominate the West and the northern High Plains. Meanwhile, below-normal rainfall in the Midwest and along the northern Pacific Coast should contrast with wetter-than-normal weather along the Atlantic Coast, in the Deep South, and across the Intermountain West.

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