Market Perspectives – May 30, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Next week (May 30-June 4), an upper-level weather system will move across the eastern CONUS while another takes up residence over the Southwest. The high-pressure ridge over the Southeast gradually shifts to the Plains. During this process, fronts and low-pressure systems will trigger heavy rains again across the Plains to Midwest, with 1 to locally over 3 inches predicted from northern Texas to Illinois, and from Illinois to Pennsylvania. An inch or more of precipitation is expected over much of the Northeast. Little to no precipitation is forecasted for much of the Southeast, most of California, the western half of the 4 Corners States, western Oregon, much of Washington, the High Plains of Wyoming and Montana, most of North Dakota, and northern Minnesota. Above-normal temperatures will continue in the Southeast for much of this period and spread from the Pacific Northwest into the northern and central Plains, while cooler-than-normal temperatures will linger in the Southwest and from the eastern Great Lakes to New England.

For June 5-12, odds favor above-normal precipitation from the 4 Corners States to the southern Appalachians, eventually spreading across the Southeast and along most of the Mississippi River. Statistical odds favor drier-than-normal weather over the Great Lakes to Northeast and from northern California to the northern High Plains. Cooler-than-normal weather is expected across New Mexico to western Texas, over Washington State, and from the Great Lakes to New England. There is a high probability for warmer-than-normal weather over the northern to central Plains stretching into California, and over the Southeast stretching to the Gulf of Mexico coast and Mid-Atlantic coast.

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