Market Perspectives – March 21, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Over the week beginning Tuesday, March 19, according to NOAA’s Climate Prediction Center, light rain is generally expected over much of the contiguous United States, with regional and localized amounts of around an inch or so anticipated across several states, from California to Arkansas, along with most of the eastern seaboard from North Carolina to Maine. Already dry areas in the Southeast are expected to continue dry. Looking further ahead to March 25-29, the central contiguous U.S. and Pacific Northwest may see above-average temperatures, while most of California, eastern Nevada, and the Northeast may have below-average temperatures. This timeframe may also be wetter than average across most of the region, with the exception of the upper Northeast and northern Michigan. Please note the forecast confidence for this period is below average.

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