Market Perspectives – July 3, 2014

U.S. Weather/Crop Progress


During July 3-7, most of the contiguous United States is expected to receive a half-inch or less of rain, though there are a few exceptions. Northern and central Florida, the Outer Banks of North Carolina, near the mid-Atlantic Coast, and the southern and eastern New England coasts may get 2-4 inches of rain, in part from what is currently Tropical Storm (projected to be hurricane) Arthur and from an active cold front approaching from the west. In the Middle Mississippi Valley, 0.5-1.0 inch of rain is forecast during this period, while 0.5-1.5 inches of rain is expected in association with the onset of the Southwest Monsoon across portions of Arizona, New Mexico and northern Texas. Temperatures during the period are anticipated to be mostly within 4 degrees of normal, though very brief departures of 8-10 degrees above normal are projected for the northern Plains region.

For the period of July 8-12, there are enhanced odds of above-median rainfall in the east-central CONUS, the Great Lakes region, southern Florida, and the Southwest. Below-median precipitation is favored over the Pacific Northwest and the northern Rockies. Mean temperatures for this period are favored to be above-normal over approximately the eastern and western thirds of the lower 48 states and near to below-normal temperatures are favored over the central third of the CONUS. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.