Market Perspectives – June 24, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: As of the afternoon of Wednesday, June 23, the National Weather Service Weather Prediction Center is forecasting widespread rain, some possibly heavy, to occur over the next five days from southeast New Mexico to the western Great Lakes. The largest totals, ranging from 2 inches to as much as 5 inches of rain, are forecast to fall from central Missouri to northern Illinois and southern Michigan. The northern edge of the area where the heaviest rains are predicted to fall is suffering from drought, and the precipitation could be beneficial if that occurs.

For the next six to 10 days, the National Weather Service Climate Prediction Center’s forecast favors warmer than normal temperatures extending from the Pacific Coast to the northern Great Plains, as well as in the Northeast, while an area of cooler than normal temperatures is favored in between, stretching from near the Arizona/New Mexico border to Iowa to central Florida. In Alaska, above normal precipitation and near or below normal temperatures are favored in the west, while drier than normal weather and warmer than normal temperatures are favored in the eastern part of Alaska. The eight to 14 day outlook for the Lower 48 and for Alaska paints a similar picture, though the eight to 14 day outlook features a higher probability for above normal precipitation in the central Great Plains.

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