Market Perspectives July 27, 2017

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: In the 2 days since the Tuesday morning cutoff time of this week’s USDM, heavy rains moved across parts of the northern and central Plains and Midwest, and monsoon showers and thunderstorms brought additional rain to parts of the Southwest. For July 27-31, 1-2 inches of rain is forecast for parts of the Midwest to Mid-Atlantic region, coastal Southeast, and Southwest to southern High Plains. Rainfall amounts may be locally as high as 3 inches from the Midwest to Mid-Atlantic, as high as 5 inches in the coastal Southeast, and as high as 6 inches in the central Rockies to southern High Plains. Less than an inch is predicted for much of the Plains, Northeast, Great Lakes, and Lower Mississippi Valley, while no rain is expected for most of the Far West and parts of the northern and southern Plains. Temperatures are predicted to be warmer than normal in the West and cooler than normal in the East. For August 1-9, odds favor drier-than-normal weather in the Northwest, northern Plains, and Upper Mississippi Valley, and wetter-than-normal weather across the Southwest, southern Plains, and Southeast. The Northeast likely will start out drier than normal but end up wetter than normal. Odds favor warmer-than-normal temperatures for the West, northern Plains, and parts of the East Coast, and cooler-than-normal temperatures for the southern Plains to Ohio Valley. 

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