Market Perspectives – October 5, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next five days (October 5-9, 2023), a strong cold front is forecast to progress across the central and eastern U.S. with precipitation amounts of an inch or less across the Ohio Valley with heavier amounts (locally more than 2 inches) for southeastern Oklahoma and eastern Texas. The remnants of Tropical Storm Philippe may become entrained within this eastward-advancing cold front and bring heavy rain and flooding to New England on October 7 and 8. Mostly dry weather is forecast throughout the Southeast. By the second week of October, enhanced onshore flow with associated periods of precipitation are forecast to return to the Pacific Northwest. A major temperature pattern change is likely during this 5-day period as cooler-than-normal temperatures overspread the central and eastern U.S.

The Climate Prediction Center’s 6-10 day outlook (valid October 10-14, 2023) favors above-normal precipitation along the Gulf and East Coasts. Increased probabilities for above-normal precipitation are also forecast for the Pacific Northwest and Northern Rockies. Below-normal precipitation is most likely across the Central to Southern Great Plains and Southwest. Below-normal temperatures are favored for most of the Northeast, while above-normal temperature probabilities are enhanced from the West Coast to the Mississippi Valley.

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