Market Perspectives – October 18, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Mostly dry conditions will prevail across the contiguous U.S., with the threat of additional heavy rain confined to Texas. Showers will accompany a strong cold front over the eastern third of the nation Friday into Saturday, but amounts will be generally light. This same front will bring sharply colder weather on gusty winds as well rain and high-elevation snow showers to the northeastern quarter of the nation. In contrast, high pressure will maintain mostly dry weather across the central and western U.S., save for lingering rain and snow showers over the Four Corners States. The NWS 6- to 10-day outlook for October 23-27 calls for near- to above-normal precipitation over much of the nation, with the greatest likelihood of wetter-than-normal conditions in the Pacific Northwest, southern Plains, and eastern Gulf Coast. Drier-than-normal weather will be limited to the Great Lakes and Northeast. Warmer-than-normal weather across the eastern half of the nation — save for warmth across the central and eastern Gulf Coast — will contrast with above-normal temperatures from the northern Plains to the Pacific Coast States.

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