Market Perspectives – November 19, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Through November 23, 2020, moderate to heavy precipitation should primarily fall on a swath from Kansas and Oklahoma through the lower Great Lakes Region, the Ohio Valley, and upstate New York. Over 1.5 inches are expected across parts of southern Illinois, central Missouri, and southeastern Kansas. Through the rest of the country, amounts over 1.5 inches should be restricted to the northern half of the immediate West Coast and the windward Cascades. Light to moderate precipitation – from a few tenths to about an inch – is forecast in the Sierra Nevada and the higher elevations across Idaho, western Montana, northwestern Wyoming, and central Colorado. Light to moderate precipitation could also fall on Florida’s immediate Atlantic Coast, and a few tenths of an inch should dampen the Northeast. Little or no precipitation is expected elsewhere, including most areas in the West experiencing extreme to exceptional drought. Specifically, a dry week is expected in the Southeast, the Gulf Coast, Texas, the northern Great Plains, the High Plains, lower elevations of the Four Corners States, the valleys of the Pacific Northwest, the Great Basin, and the Southwest. Meanwhile, unusually mild weather will prevail across most of the country. Most areas from the interior Atlantic Coast States through the Rockies should average at least 6 degrees F above normal, with means exceeding 12 degrees F above normal over a large area from the Plains through the Southwest. Only portions of the northern Intermountain West and West Coast can expect near to slightly below-normal temperatures.

The Climate Prediction Center’s 6-10-day outlook (November 24-28) favors subnormal precipitation to continue across most of the Plains, the upper Great Lakes Region, the Rockies, the Four Corners States, the Great Basin, and most of the Southwest. Subnormal precipitation is also favored in northwestern Alaska. Meanwhile, odds tilt toward surplus precipitation in southern Alaska, the Pacific Northwest, from the southeastern Great Plains and lower Great Lakes Region eastward to the Atlantic Coast. Meanwhile, a large part of the country has enhanced chances or warmer than normal weather, including central and western Alaska, the southern Rockies, the Plains, the Ohio Valley, the Southeast, and the mid-Atlantic region. Subnormal temperatures are not significantly favored anywhere in the continental 49 states.

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