Market Perspectives June 21, 2013

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: The NWS WPC four-day (June 21-24) Quantitative Precipitation Forecast (QPF) is showing good prospects for a nice shot of unseasonably cooler weather across the Pacific Northwest, California and Nevada. The opposite holds true, though, for the southern Rockies region, central Plains, Midwest and Northeast, where readings could soar well above normal. The precipitation outlook during this period shows the best bet for significant totals to fall in the Pacific Northwest, Northern Plains, upper Midwest, Gulf Coast and up along the southern Atlantic coast into South Carolina.The six- to 10-day outlooks (June 25-29) are calling for a real summertime pattern to emerge, with the odds well tilted toward above-normal temperatures across southern California, the Intermountain West, northern Rockies, Central and Northern Plains, the Midwest and the Northeast. The only areas seeing a greater likelihood of cooler weather are the Pacific Northwest coastal ranges and the western Gulf Coast region. Prospects for rain seem to be best in the Pacific Northwest, upper Midwest, Mid-Atlantic and Northeast. Below-normal precipitation is most likely in the Intermountain West, Wyoming and the Central Plains. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin