| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 72° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 73° to 74° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 75° to 76° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 77° to 78° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 79° to 80° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 81° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily maximum temperature recorded in New Orleans, Louisiana, for April 7, 2026. Monitoring daily extremes is a standard metric for meteorological analysis and climate research in the Gulf Coast region.
New Orleans experiences a humid subtropical climate, making early April a transition period between late winter and the onset of summer heat. Historical climate data for early April typically shows moderate temperatures, though the region is susceptible to sudden shifts driven by cold fronts or unseasonably warm air masses moving north from the Gulf of Mexico. This market provides a localized look at how regional weather patterns deviate from long-term climatological averages.
The market prices reflect the collective expectation of weather outcomes based on historical records, current seasonal trends, and long-range meteorological forecasts.
The market relies on official data recorded at the primary reporting station for New Orleans, typically the Louis Armstrong New Orleans International Airport (MSY).
The market outcome is determined by the official maximum temperature reading regardless of the presence of storms or precipitation, provided the NWS issues a valid observation.
No, this market specifically tracks the ambient air temperature, not the 'feels-like' temperature which incorporates humidity or wind factors.
This date is selected to test the accuracy of long-range weather forecasting and market participants' ability to assess seasonal climatic variables well in advance.
The highest temperature is the peak value recorded by the official reporting station during the 24-hour calendar day, usually measured in degrees Fahrenheit.