Market Perspectives – May 31, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: From May 31-June 4, 2018, most predicted heavy rain areas (1.5-3.0 inches or greater) are expected to be east of the Mississippi River, where little dryness and drought currently exist. West of the Mississippi River, smaller-scale heavy rain areas of a convective nature are forecast over North Dakota, Nebraska, and southwestern Missouri. For the subsequent 5-day period (June 5-9, 2018), CPC predicts elevated odds of near to below normal precipitation for most of the Lower 48 states. Exceptions include in and around the Florida Panhandle, Minnesota and parts of adjacent states, and much of Arizona and New Mexico, where odds favor above-normal precipitation.

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