Market Perspectives – June 1, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: For June 1-6, an upper-level ridge will dominate the middle part of North America, bringing above-normal temperatures to the north central states and Pacific Northwest. Upper-level troughs and closed lows will cover much of the West and New England, bringing cooler-than-normal temperatures to New England and southern parts of the West to the southern Plains. Like the last 7 days, a southerly flow of Gulf of Mexico moisture will feed showers and storms that develop from the Rockies to the Mississippi River during the next 7 days. An inch or more of rain is forecast from the southern Plains to northern Rockies, with locally 4 inches or more from the Texas panhandle to southern Kansas, and locally 2 inches or more in parts of Colorado to Montana. A fourth of an inch or more can be expected from California’s Sierra Nevada to the Great Basin, across the northern Plains to Mississippi Valley, in the Tennessee Valley, across the Gulf of Mexico coast, and along the Appalachians to Northeast. New England may see over an inch of rain, while much of the Florida peninsula will be inundated with another 2+ inches of rain. Little to no precipitation is predicted for the eastern Great Lakes to Ohio Valley, the interior Southeast, and southern and western portions of the West.

For June 6-14, a warmer-than-normal pattern is likely for the Pacific Northwest to western Great Lakes, the northern half of Alaska, and the Alaska panhandle, with cooler-than-normal temperatures across southern portions of the West, the southern Plains, and from the Appalachians to New England. Odds favor wetter-than-normal conditions across the West, southern Plains, western portions of the central to northern Plains, and the southwest half of Alaska, with drier-than-normal conditions across the Great Lakes, Upper Mississippi Valley, Ohio Valley, and northeast Alaska.

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