Market Perspectives – May 13, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for moderate-to-heavy liquid accumulations ranging from 2 to 4+ inches across the Gulf Coast region of Louisiana and Texas, as well as the eastern halves of Texas, Oklahoma, Kansas, and areas of the lower Midwest. Lesser accumulations (generally <1 inch) are expected across the Southeast, parts of the Mid-Atlantic, and the Northeast. Out West, dry conditions are forecasted with the exception of areas of eastern New Mexico, Colorado, and areas of Wyoming that are expected to receive accumulations of <1.5 inches.

The CPC 6-10-day Outlook calls for a moderate-to-high probability of above-normal temperatures across much of the conterminous United States with the exception of Southern California, western Oregon and Washington, and the Southeast where there is a moderate probability of below-normal temperatures. In terms of precipitation, there is a moderate probability of above-normal precipitation across the northern Rockies, the Plains states, and areas of the Upper Midwest. In contrast, below-normal precipitation is expected across the Pacific Northwest, Northern California, portions of the Southwest, and the Eastern Tier.

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