Market Perspectives – June 13, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for moderate-to-heavy accumulations ranging from 2-to-4 inches across eastern portions of the Southern Plains, lower Midwest, and coastal areas extending from Georgia to North Carolina. Lesser accumulations (<2 inches) are forecasted for portions of the upper Midwest, Northeast, southern Florida, and the northern Rockies of Montana and Wyoming. Elsewhere in the West, dry conditions are expected. The CPC 6- to 10-day outlook calls for a high probability of above-normal temperatures across the Far West and Great Basin while areas of the Intermountain West, Great Plains, and much of the Midwest are expected to be below normal. Above-normal temperatures are forecasted for an area extending from Texas to the Southeast and northward along the Mid-Atlantic states. In terms of precipitation, there’s a high probability of above-normal precipitation across the Intermountain West and eastern half of the continental U.S., while the Pacific Northwest and eastern portions of the Desert Southwest are expected to be below normal.

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