| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 76° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 79° to 80° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 85° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 77° to 78° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 83° to 84° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 81° to 82° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks which temperature interval will contain the highest reported air temperature in New Orleans on March 24, 2026. It matters because daily maximum temperatures are important for energy demand, public health planning, and local weather risk assessment.
New Orleans has a humid subtropical climate with substantial year-to-year variability in spring temperatures and frequent influence from Gulf of Mexico conditions. Late March can see a wide range of outcomes depending on synoptic-scale patterns, frontal passages, and tropical moisture surges, making single-day high-temperature outcomes sensitive to short-term forecast changes.
Market prices aggregate traders' views about the most likely outcome interval given available information and will update as forecasts and observations evolve. Use the market as a real-time synthesis of expectations, not as a substitute for official forecasts or observations.
It refers to the maximum reported air temperature observed for the local calendar day of March 24, 2026, at the official observing site specified by the market; consult the event page for the exact measurement conventions used (e.g., instantaneous vs. hourly maxima).
The market will use the official observing station or dataset named in the event rules—typically the National Weather Service/NOAA climate station designated for New Orleans—so check the event description for the exact source the operator has chosen.
The event uses the local calendar day for New Orleans (Central Time), covering the period from 00:00 to 23:59:59 on March 24, 2026, unless the event page specifies a different timezone or cutoff.
The market operator's adjudication rules apply: if official data are missing or later adjusted, the operator will follow their stated procedures, which may include using corrected values, alternate official sources, or voiding/adjusting the contract—refer to the event's settlement rules.
Traders should consider climatological variability for late March, typical ranges for the date, recent seasonal trends, and how large-scale patterns (e.g., Gulf temperatures or seasonal teleconnections) have influenced past March 24 outcomes in the region.