Market Perspectives – September 3, 2020

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the next 5 days (September 3-7), WPC’s QPF forecasts little or no precipitation (and thus persisting or intensifying drought) to the north and west of Texas. Similarly, light precipitation at best is expected across the interior Southeast and much of the northern Ohio Valley. Moderate precipitation (several tenths to 1.5 inches) should fall on the Great Lakes, upper Midwest, the Northeast, and most of Florida. Heavy precipitation is expected over a large swath across central and northeastern Texas, where totals from 1.5 to locally over 4 inches are expected. Robust precipitation is also forecast in a band stretching from Arkansas to West Virginia, where many areas should record 1.5 to 2.5 inches. Meanwhile, well-above-normal temperatures are expected from the High Plains to the Pacific Coast. High temperatures should average more than 12 degrees above normal from the Rockies to near the Pacific Coast, exceeding 18 degrees above normal in the Great Basin. Farther east, conditions will be less remarkable. Nighttime lows will be a few degrees above normal across the East, Southeast, and South-Central regions, and near normal in the Great Plains and upper Midwest. During the day, temperatures should top out a few degrees below normal on average in the northern Plains, and closer to normal in other parts of the eastern half of the contiguous states.

The Climate Prediction Center’s 6-10-day outlook (September 8-12) favors above-normal rainfall in the central and southern Plains and from the Mississippi Valley eastward. The odds also tilt toward surplus precipitation in most of Alaska, outside the Panhandle. In contrast, subnormal precipitation is expected in the northern Plains, the southern High Plains, the Rockies, and the Pacific Northwest. At the same time, below-normal temperatures are heavily favored in the Plains and surrounding areas, and odds tilt toward cooler than normal weather from the Rockies to the Appalachians. From the Appalachians eastward and from the Intermountain West to the Pacific Coast, warmer than normal weather is expected. Across Alaska, the northern tier should average cooler than normal while above-normal temperatures are favored along the southern tier.

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