Market Perspectives – July 19, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Over the next 5-7 days, the southern Plains and the Northwest are forecast to remain mostly dry. Rain chances will likely continue over the Southwest, though the focus of the heaviest precipitation will likely be from the mountains in Colorado and New Mexico northeastward into the southern and central High Plains. Rain is also forecast in the northern Plains and Upper Midwest. The best chances for heavy rain amounts during the next week will generally be east of the Mississippi River. The highest chances for warmer than normal temperatures over the next week will be in New England, the Florida Peninsula, the Intermountain West, the Desert Southwest, and the Pacific Northwest. In between these areas, the greatest chances for cooler than normal temperatures will occur in the central and northern Plains and in the Upper Midwest. Follow this link to view current U.S. and international weather patterns and future outlook: Weather and Crop Bulletin.