Market Perspectives – October 22, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A series of storm systems and cold fronts is forecast to affect the western two-thirds of the continental United States through Monday, October 26, bringing chances of welcome mountain snow to Colorado, precipitation locally exceeding a half inch to the northern tier of the continental United States, and heavier precipitation from central Oklahoma to the Great Lakes. By early next week, colder than normal temperatures are forecast to be entrenched across the western two-thirds of the continental United States, while above-normal temperatures occur in the east. From Tuesday, October 27 through the end of the month, colder than normal weather is favored from west of the Appalachian Mountains through most of the West, while warmer than normal weather is favored in the Southeast. The forecast also favors above-normal precipitation from southwest Colorado to the Great Lakes and East Coast, while below-normal precipitation is favored in the northern Great Plains, California, and the Pacific Northwest.

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