Market Perspectives – November 14, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: During November 14-18, wet weather is forecast for the eastern third of the nation and from Oregon and northern California to the Central Rockies. Rainfall totals are likely to exceed 4.0 inches across Oregon, with lesser amounts elsewhere. Gulf moisture is likely to support rainfall of up to 2.4 inches from southeast Texas to Alabama. Lake enhanced precipitation is also likely downwind of the Great Lakes, as a northwesterly flow is expected to persist for a few days during the early portion of next week. Cold and dry conditions are likely across the Great Plains.
For the period of November 18-22, odds favor below-normal temperatures east of the Continental Divide, with above-normal temperatures west of the Continental Divide. Above median precipitation is favored from California to western Montana, and across the southeast from Louisiana to the Carolinas. Below-median precipitation is likely from the southern High Plains to the Upper Midwest and across the Mid-Atlantic and New England coast. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.