Market Perspectives – May 6, 2021

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for moderate-to-heavy liquid accumulations ranging from 2 to 4+ inches across the mid-South and lower Midwest while portions of the Plains, Northeast, Mid-Atlantic, and the Southeast are expected to receive <1-inch accumulations. In the Intermountain West and Pacific Northwest, light precipitation (<1-inch accumulations) is forecasted for areas of the central and northern Rockies, and portions of the Cascades.

The CPC 6-10-day Outlook calls for a moderate-to-high probability of above-normal temperatures in the Far West, Southwest, Great Basin, and Florida while a high probability of below-normal temperatures is forecasted across most of the Eastern Tier. In terms of precipitation, there is a moderate probability of above-normal precipitation across areas of the central and southern Plains, as well as the southeastern tier of the U.S. Below-normal precipitation is expected across the Pacific Northwest, Great Plains, and areas of the Intermountain West.

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