Market Perspectives – October 11, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (October 11-15), Hurricane Michael is forecast to rapidly track northeast from Georgia to the southern mid-Atlantic on October 11, before moving away from the East Coast on October 12. A swath of heavy to excessive rainfall (locally more than 5 inches) is expected to occur across the flood prone areas of the Carolinas that received extremely heavy rainfall from Hurricane Florence. Meanwhile, Tropical Storm Sergio is forecast to track northeast towards the California Baja Peninsula with its remnant low merging with a strong cold front. Moderate to heavy rainfall (0.5 to 2 inches) is expected from southeast Arizona northeast to the southern Great Plains and Ozarks region. An amplifying upper-level ridge is likely to result in dry weather across the Pacific Northwest during this period.

The CPC 6- to 10-day extended range outlook (October 16-20), indicates that a high amplitude pattern is likely to persist through mid-October. An upper-level ridge (trough) is forecast over western (eastern) North America. This predicted upper-level pattern yields an increased chance for below-normal temperatures across the central and southern Rockies, Great Plains, Mississippi Valley, Corn Belt, and Northeast. Increased chances of above-normal temperatures are forecast across the Pacific Northwest and California, while above-normal temperatures are expected to persist over Florida. A drier pattern is likely over much of the continental U.S. due to the high amplitude ridge. However, a slight tilt in the odds for above-normal precipitation is forecast across the Southwest and along the East Coast.

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