Market Perspectives – October 1, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Unusually cold air will surge across the Midwest, eventually reaching much of the eastern half of the United States. By October 2-3, widespread freezes should occur from Nebraska and the Dakotas into the Great Lakes region. A secondary push of cold air will subsequently deliver additional freezes across the northern Plains and upper Midwest. In contrast, significantly above-normal temperatures west of the Rockies during the next 5 days will accompany completely dry weather. Elsewhere, periods of light precipitation may occur across much of the eastern half of the country, while locally heavy showers will linger for several days across Florida’s peninsula. A tropical wave over the western Caribbean Sea will continue to move generally westward with some potential for development during the weekend and beyond.

The NWS 6- to 10-day outlook for October 6 – 10 calls for the likelihood of near- or below-normal temperatures in the eastern United States, except across Florida’s peninsula, while warmer-than-normal weather will prevail from the Pacific Coast to the Plains and upper Midwest. Meanwhile, near- or below-normal precipitation across most of the country should contrast with wetter-than-normal weather in northern Maine, much of Florida, and the Pacific Northwest.

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