Market Perspectives – November 17, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Cold weather will continue to dominate much of the country through the weekend and into early next week. At the height of the cold wave, temperatures could fall to 20°F or below as far south as the Tennessee Valley, while freezes may reach nearly to the Gulf Coast in Louisiana, Mississippi, Alabama, and northern Florida. Meanwhile, continental U.S. storminess during the next 5 days will be minimal. However, snow squalls will continue for several days downwind of the Great Lakes. In addition, rain may develop in the western Gulf Coast region. Elsewhere, aside from snow showers in the Rockies and adjacent High Plains, dry weather will prevail during the next 5 days from the Pacific Coast eastward across the Central and Southern Plains, the middle and lower Mississippi Valley, and much of the Southeast.

The Climate Prediction Center’s 6–10 day outlook for November 22–26 calls for the likelihood of near- or above-normal temperatures nationwide, except for lingering cooler-than-normal conditions in the middle and northern Atlantic States and parts of the south-central U.S.

Meanwhile, near- or below-normal precipitation from California to the Plains, Midwest, and mid-South should contrast with wetter-than-normal weather in the Northwest and large sections of the Gulf and Atlantic Coast States.

 

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