Market Perspectives – May 20, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (May 20 to 24), the Southern and Central Plains, much of the Corn Belt, and Northern Tier states are favored to remain wet. Temperatures are also forecast to remain below-normal for much of the period across the Northern Tier. High pressure is expected to dominate over the eastern U.S., coinciding with little to no rainfall and above-normal temperatures. The Southwest and Coastal California will likely remain dry also. However, temperatures are favored to remain below-normal, moderating to near-normal as the week progresses toward Tuesday.

The CPC 6-10 day extended range outlook (valid from May 25 to 29) favors above normal temperatures across the eastern U.S. and Central and Southern Plains, with enhanced probabilities in the Southeast. Above normal temperatures are also favored over northern and western Mainland Alaska, with above-normal probabilities extending to the eastern Aleutians. Below-normal temperatures are favored from the Pacific Northwest eastward to the Dakotas. Above-normal precipitation is predicted across the Southern and Central Plains, Corn Belt, and Lower Great Lakes. In Alaska, odds tilt toward above-normal precipitation for the Southwest Mainland, Eastern Aleutians, and along the South Coast to the Northwest Panhandle. Below-normal precipitation is favored in the Southeast U.S. and along the East Coast, with enhanced probabilities in the Deep South and Florida. Below-normal precipitation is also favored for the Central Pacific Coast, Great Basin, and Eastern Rockies to the High Plains.

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