Market Perspectives – October 25, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A wet weather pattern is in store for much of the southern and eastern U.S. The combination of moisture associated with the remnants of Hurricane Willa, a pronounced southward dip in the jet stream, and a blocking high over the northern Atlantic Ocean will lead to a wet and colder weather pattern across the East. The storm responsible will continue to track across the nation’s southern tier, having already produced moderate to heavy rain and localized flooding in parts of the Four Corners Region. The storm will bring moderate heavy rain across the Gulf Coast States before churning slowly up the East Coast over the weekend, producing wind-swept rain and inland snow. A second faster-moving system will follow the Nor’easter, maintaining the threat of rain and high-elevation snow in the Northeast.

Meanwhile, much-needed moisture will sweep across Northwestern drought areas in two waves, with the second system early next week potentially leading to fresh snowfall in the central and northern Rockies. Despite the nation’s active weather, the Southwest will turn drier. The NWS 6- to 10-day outlook for October 30-November 3 calls for near- to above-normal precipitation over much of the nation, with drier-than-normal weather limited to the West Coast and lower Southeast. Cooler-than-normal weather is expected across the eastern third of the nation and from the central Plains to the Great Basin, while above-normal temperatures linger across the western Gulf Coast and in the Pacific Coast States.

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