Market Perspectives – May 8, 2015

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: For the upcoming period of May 8-11, a large, slow-moving system will churn out into the country’s mid-section, bringing with it potentially heavy rains on the order of 2-4 inches. These widespread rains are forecasted along the Front Ranges of Colorado and Wyoming and into most of the Great Plains and Midwest. Temperatures are expected to be well above normal in the Pacific Northwest (3-9 degrees F) and east of the Mississippi (3-9 degrees F). Well below-normal temperatures are likely (6-15 degrees F) in southern California, the Great Basin, the Rocky Mountains and Front Range, the northern Plains and up into Minnesota and western Wisconsin.

 For the 10-day period, above-normal temperatures are expected across the Pacific Northwest (including Montana) and the Atlantic Seaboard. Below-normal readings are expected for most of California, the Four-Corner region, the central and southern Plains and the Midwest. As for precipitation, below-normal rainfall is more likely in the northern and central Plains, the Midwest and Ohio Valley. The prospects for above-normal precipitation are located across the Great Basin, Desert Southwest, Texas and the Gulf Coast region. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.