Perspective: Midwest July Outlook

Monday, February 8, 2016

February 8 – The European forecast model releases a monthly update looking deep into the future. This morning’s monthly release provided a look into the critical pollination month of July. The outlook is actually a compilation of many ensemble members, with forecasters looking for tendencies where the members tend to cluster.

There’s obviously still a great deal of variation in the forecast models this far out. However, it’s interesting to note that just 18% called for a normal to cool-biased outlook for the nation’s mid-section in July, while the remainder leaned warmer – consistent with most forecasts to this point. On the other hand, 70% of the ensemble members were biased toward a wet month of July for the Midwest, with just 30% biased toward a drier-than-normal outcome.



Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

Market Intelligence Free Trial

Meet the Team

Kansas City, MO
1251 NW Briarcliff Parkway
Suite 800
Kansas City, MO 64116
Tel:+1 (816) 410-5079



Our privacy policy has changed. View our privacy policy to learn more.