Market Perspectives – October 17, 2019

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Since the Tuesday morning cutoff for this week’s USDM, several inches of rain have fallen along the frontal zone in the Southeast, a low pressure and frontal system was bringing rain to the Northeast, and another system was bringing precipitation to the Pacific Northwest. This precipitation will be incorporated into next week’s USDM.

For October 17-22, Pacific frontal systems will bring 3 or more inches of rain to the western mountain ranges of Oregon and Washington with an inch or more to the northern Rockies and half an inch from the Pacific Northwest to Montana and Wyoming. A large area of an inch or more of precipitation is forecast to fall along the Mississippi River to eastern portions of Kansas, Oklahoma, and Texas, and into the western Great Lakes and northern Plains. Half an inch to an inch and a half of rain may fall in the Ohio and Tennessee Valleys, 2 or more inches in much of the Northeast, and 1-2 inches across the Southeast, with up to half an inch across the rest of the Great Lakes. But the Southwest into the southern and central High Plains are forecast to get no precipitation. Temperatures are expected to moderate, forecast to be near to above normal across most of the CONUS.

For October 22-30, odds favor above-normal precipitation across the East Coast into the Great Lakes, and for part of the period along the northern Rockies to northern Great Plains. The period will likely be drier than normal across the Southwest into the southern and central Plains, eventually extending to the Mississippi Valley later in the period. Odds favor drier-than-normal weather in western Alaska with wetter-than-normal weather in the south and east. The temperature outlook for October 22-30 is warmer-than-normal along the West Coast and East Coast, with colder-than-normal weather from the Rockies to Appalachians. The period is expected to be warmer than normal along western and southern Alaska.

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