Market Perspectives – November 7, 2014

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: During November 7-10, wet weather is forecast for the eastern third of the Nation, Pacific Northwest and parts of the southern Great Plains. Rainfall totals will probably exceed four inches across Texas as the moisture is likely to have a tropical source. Lake enhanced precipitation is also likely near the Great Lakes as a low-pressure system is forecast to move from the Great Lakes to the Canadian Maritime Provinces during the next three days. During the early to middle portions of next week, a cold front is forecast to traverse the contiguous 48 states, ushering in drier and cooler conditions.

For the ensuing period of November 11-15, odds favor below normal temperatures east of the Rockies, with above normal temperatures west of the Continental Divide. Below-median precipitation is favored for much of the contiguous 48 states, except near the Great Lakes, New England and South Texas. Follow this link to view current U.S. and international weather patterns and the future outlook: Weather and Crop Bulletin.