Market Perspectives – May 21, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Over the next 5-7 days, it is anticipated that the Plains states will remain in an active pattern, with the greatest precipitation to occur over portions of Nebraska, Kansas, Oklahoma and into Texas. The Mid-Atlantic is also anticipating precipitation amounts of up to 3-4 inches during the period. Dry conditions will dominate the Southwest and into most of the Pacific Northwest and West Coast. Temperatures during this period will be near normal over most of the country with below-normal temperatures over the Northwest and northern Rocky Mountains. Areas that receive the most rain will also have the coolest temperatures over the Mid-Atlantic into the Northeast.

The 6-10 day outlooks show a high probability of greater than normal temperatures over the West, northern Plains, Midwest, Northeast and Alaska. The greatest probabilities are over the Southwest. There are also high probabilities of cooler than normal temperatures over the southern Plains and into the South. The precipitation outlook has the northern Plains and Pacific Northwest with the greatest likelihood of below-normal precipitation. The best chances of above-normal precipitation will be over the South and Southeast but may also include the Midwest and Southwest.

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