Market Perspectives – March 26, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: In the West, showers will gradually diminish as the week progresses. By late Friday, a significant spring storm system will begin to intensify across the central Plains. The storm will move northeastward, reaching the northern Atlantic Coast on Monday. As a result, storm-total precipitation could reach 1 to 3 inches across large sections of the Midwest and Northeast. Accumulating snow may occur from the central High Plains (e.g. northeastern Colorado) into parts of the upper Great Lakes region, as well as northern New England. In contrast, mostly dry weather should prevail during the next 5 days across the southern High Plains and the southern Atlantic region, including Florida.

The NWS 6- to 10-day outlook for March 31 – April 4 calls for the likelihood of near- or below-normal temperatures in much of the eastern one-half of the U.S. and across the nation’s northern tier, except Maine. Warmer-than-normal weather can be expected in Maine, along with Florida, the Gulf Coast region, and an area stretching from California to the High Plains. Meanwhile, near- or below-normal precipitation across large sections of the country should contrast with wetter-than-normal conditions along the Canadian border from the northernmost Rockies into the upper Great Lakes region, and across the South from Texas to the southern Atlantic Coast.

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