| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 50° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 51° to 52° | 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° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market predicts the daily minimum temperature recorded in New Orleans, Louisiana, on April 6, 2026. It provides a standardized way to hedge against or speculate on meteorological volatility in a specific geographic location.
New Orleans experiences a transition from mild spring weather to warmer conditions in early April. Historical temperature data for this date typically falls within a moderate range, though localized weather patterns and cold fronts can cause significant fluctuations. The outcome is determined by official meteorological observations reported for that specific calendar day.
Market prices reflect the collective anticipation of how weather models will perform as the date approaches, with participants weighing historical climate averages against current meteorological forecasts.
The official daily minimum temperature recorded by the National Weather Service (NWS) at the designated New Orleans reporting station.
It is the lowest temperature reading officially recorded during the 24-hour period of April 6, 2026, local time.
Extreme weather events that affect the temperature will be reflected in the final official NWS reading, which stands as the definitive result.
Temperature data is critical for agricultural planning, energy consumption projections, and event hosting in the New Orleans area.
The market relies on the official airport or municipal reporting station, which serves as the standardized benchmark for New Orleans weather data.