Market Perspectives – September 10, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (September 10-14), WPC’s QPF forecasts little or no precipitation (and thus persisting or intensifying drought) across the northern Plains and most areas from the Rockies to the Pacific Coast, save higher elevations in New Mexico and southern Colorado (0.5 to 1.5 inch). Similarly, light precipitation at best is expected across southern half of the Mississippi Valley and the western Ohio Valley. The heaviest precipitation (2 to 4 inches) is expected in a broad swath from southwestern Oklahoma through much of the Rio Grande Valley. Farther north, between 1.5 and 2.5 inches are expected from northern Missouri northeastward into western Wisconsin – part of a broader area expecting over 0.5 inch through much of central and western Texas, the central Great Plains, the Upper Mississippi Valley, and most of the Great Lakes region. Moderate precipitation, from 0.5 to 1.5 inches, should cover most of New England, New York, and the dry portions of Pennsylvania. Similar amounts are expected in the Southeast from Alabama eastward, with heavier amounts (1.0 to locally 2.5 inches) forecast in the Carolinas. From the central Gulf Coast through most of the eastern U.S., near-normal daytime temperatures should average a few degrees above normal at night. Temperatures should average a few degrees below normal from the southeastern Rockies through most of the central and southern Plains and the Great Lakes region, but near- to somewhat above-normal across most of the northwestern quarter of the country.

The Climate Prediction Center’s 6-10-day outlook (September 15-19) favors above-normal rainfall from the Ohio Valley, Middle Mississippi Valley, and central Texas eastward to the Atlantic Coast. Wet weather is also expected in the Northwest while odds again favor subnormal precipitation in much of the Great Basin, Four Corners States, and northern half of the Plains. In addition, surplus moisture is expected along the southern tier of Alaska, but subnormal precipitation is anticipated in the northern reaches of the state. Portions of central and southwestern Texas, plus eastern Alaska, should record below-normal temperatures while the near- to above-normal readings prevail elsewhere.

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