| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 52° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 53° to 54° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 55° to 56° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 57° to 58° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 59° to 60° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 61° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official minimum temperature recorded in New Orleans on April 20, 2026. Predicting specific weather outcomes helps participants hedge against climate-related risks or speculate on regional meteorological trends.
New Orleans in mid-April typically transitions from spring into early summer conditions, though the region remains susceptible to late-season cold fronts. Historical climate data for the city indicates a wide variance in overnight lows during this period, influenced heavily by shifting jet streams and proximity to the Gulf of Mexico. Meteorological records for this date serve as the objective baseline for determining the outcome.
Market prices represent the collective expectation of traders regarding the likelihood of specific temperature ranges occurring on the specified date.
The market utilizes official records from the National Weather Service (NWS) as reported for the New Orleans area.
The market outcome is determined by the official recorded daily minimum temperature regardless of the atmospheric conditions causing it.
The density of the New Orleans metropolitan area can trap heat, often resulting in slightly higher minimum temperatures compared to rural surroundings.
No, the market is strictly based on the actual ambient air temperature recorded by standardized equipment, not the perceived temperature.
Yes, the lowest temperature represents the minimum reading recorded during the 24-hour calendar day of April 20, 2026.