Market Perspectives – October 15, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A series of cold fronts over the next week are forecast to bring a higher chance of cooler than normal temperatures to the north-central continental United States. With the exception of the northern tier of states, much of the West is forecast to be dry through the evening of October 19. Farther east, higher rainfall amounts of a half an inch or more are possible from the Mid-Atlantic coast north, while lighter precipitation is forecast in the Midwest. Glancing ahead to the October 20-24 period, cooler than normal conditions are more likely to be widespread from the Pacific Northwest to the western Great Lakes, while in the eastern United States, warmer than normal temperatures are favored in this period. Widespread increased chances for above-normal precipitation are forecast in the northern Rockies and much of the Great Plains, Midwest, and East, while below-normal or near-normal precipitation is favored elsewhere in the Lower 48.

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