Market Perspectives – May 23, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: During the May 23-26 time period, precipitation is expected across the Plains, from South Dakota to northern Texas and into eastern Colorado and Wyoming. Additional precipitation is expected around the Great Lakes and into the Mid-Atlantic and Northeast. Precipitation is estimated to approach two inches in select locations during this time period. At the same time, below-normal temperatures are expected in the Southwest, east of the Rockies and into the Southern Plains. Above-normal temperatures are expected along the West Coast, through the central U.S. and into the Southeast.

 For the period of May 27-31, the odds favor normal to above-normal temperatures across the entire contiguous U.S., with the exception of the western Gulf Coast. Below-normal temperatures are favored along the aforementioned area around the Gulf of Mexico. Above-normal precipitation is likely across the eastern half of the US and in the far northern Plains. Below-normal precipitation is expected in the southern Plains and the Pacific Northwest. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.