Market Perspectives – March 15, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During March 15-19, 2018, most of the lower elevations in California expect moderate precipitation (0.5 to 1.5 inches). Another significant snow event is forecast in the Sierra Nevada, where precipitation totals may reach 5 inches. Elsewhere, generally moderate precipitation (0.5 to 1.5 inches) is expected across western Oregon and in a broad area covering the southern Appalachians, central Gulf Coast States, Middle Mississippi Valley, central Plains, and central and northern Rockies. Amounts under one-half inch are expected elsewhere, with little or none falling in the desert Southwest, Upper Mississippi Valley, southern High Plains, south Texas, and Middle Atlantic States. Daily maximum temperatures should average above normal across the Southeast, the southern half of the Mississippi Valley, and the central and southern Plains. Daily average highs may average over 12 degrees F above normal across much of Kansas and Oklahoma and adjacent parts of Missouri and Arkansas. In contrast, days will stay cooler than normal through most of the Rockies and Far West, the northern Plains, and the Middle Atlantic States.

For the ensuing 5 days (March 20-24), odds favor above-normal precipitation over a large part of the contiguous states, including most areas from the Atlantic Seaboard westward to the Mississippi Valley, the northern Plains, and from the Rockies westward to the Pacific Coast. Enhanced chances for below-normal precipitation cover the central and southern Plains and most of the Florida Peninsula. Abnormally warm weather is favored in southern Florida, the west half of the Gulf Coast, most of Texas, the southern High Plains, and the southern Rockies. Most of the country farther west, north, and east should average cooler than normal.

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