Market Perspectives – November 15, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for light-to-moderate accumulations ranging from 1-to-3 inches (liquid) along the Eastern Tier with the heaviest accumulations forecasted for portions of the Southeast and southern Mid-Atlantic. In the central and southern Appalachians, a wintry mix of rain, freezing rain, and snow is expected. West of the Mississippi River, conditions are expected to be dry with the exception of light-to-moderate accumulations in the Northern Rockies and western Washington.

The CPC 6- to 10-day outlook calls for a high probability of above-normal temperatures across portions of the West including Arizona, California, Nevada, Utah, Oregon, and western Washington. In contrast, there’s a high probability of below-normal temperatures in the Midwest, Mid-Atlantic, and Northeast. In terms of precipitation, there is a high probability of above-normal precipitation across California, the western Great Basin, and Arizona while the Pacific Northwest and Northern Rockies are expected to be drier than normal. Moving eastward, above-normal precipitation is expected across Texas, the Gulf Coast, Southern Plains, and Florida while below-normal precipitation is expected in the Midwest, Mid-Atlantic, and Northeast.

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