Market Perspectives – November 16, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Mostly dry weather will prevail during the next several days across the nation’s mid-section, including the Plains and upper Midwest. Farther south, showers will continue to shift eastward along and near the Gulf Coast, with the potential for late-week rain and gusty winds in parts of Florida. During the weekend, a low-pressure system accelerating northward near the Atlantic Seaboard could result in coastal wind and rain in New England. Elsewhere, a storm system parked west of California will remain offshore for the next couple of days, although rain and snow showers will spread inland at times. Late in the weekend, some of the Pacific storm energy interacting with a surge of cold air arriving from western Canada should lead to an increase in rain and snow shower activity across parts of the western and central U.S., although precipitation will initially be light.

The NWS 6- to 10-day outlook for November 21 – 25 calls for the likelihood of below-normal temperatures east of the Rockies, while warmer-than-normal weather will prevail in the West. Meanwhile, below-normal precipitation in most areas west of the Mississippi River should contrast with wetter-than-normal weather in the East, as well as northern sections of the Rockies and High Plains.

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