Market Perspectives – September 27, 2018

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Over the week beginning Tuesday September 25, most of the contiguous U.S. is expected to receive at least some precipitation, with 2 or more inches predicted across east central Wisconsin, parts of New York and Massachusetts, and a swath from south Texas and southern Louisiana into much of eastern Mississippi, central and northern Alabama, central and southeastern Tennessee, northwestern Georgia, and western North Carolina. Areas not expecting any precipitation are all areas currently experiencing some level of drought, including eastern Washington into north central Oregon, southern California, most of Nevada, southern Idaho, and eastern Colorado.

Looking further ahead at NOAA’s Climate Prediction Center (CPC) 6- to 10-day Outlook (September 30-October 4), above-normal temperatures are favored across most of the southern and eastern contiguous U.S. Below-normal temperatures are favored over central and northern California extending eastward into Wisconsin. There is an increased chance of above-normal precipitation across most of the contiguous U.S. during this period. Looking two weeks out (October 2-8), the forecast is quite similar to the 6- to 10-day period, except that near-normal temperatures are favored over the contiguous U.S. west coast, while near- to below-normal precipitation is forecast over parts of the Pacific Northwest and above-normal precipitation is predicted over the entire eastern U.S.

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