Market Perspectives – May 4, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next five days (May 4 – 8, 2023), moderate to heavy precipitation (0.5-1.5 inches, locally more) is forecast for the Pacific Northwest, Great Basin, Northern Rockies, and higher elevations of California. An active weather pattern is expected from the Great Plains east to the Mississippi Valley with varying 5-day precipitation amounts forecast. Following a very wet end to April along the East Coast, drier weather is forecast to be accompanied by a gradual warming trend across the East.

The Climate Prediction Center’s 6-10 day outlook (valid May 9-13) favors below-normal temperatures across the West, while above-normal temperatures are more likely throughout the central and eastern U.S. Elevated probabilities for above-normal precipitation are forecast for the Pacific Northwest, northern California, Great Plains, Mississippi Valley, and Southeast. Near normal precipitation amounts are favored for much of the Great Lakes and Northeast.

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