Highest temperature in Chicago on Apr 12, 2026?
Short Answer
1. Executive Verdict
- Chicago's spring warming trend has increased average April high temperatures.
- Mid-April 2026 forecasts indicate very low probability of extreme heat.
- Reaching 80°F on April 12, 2026 is considered highly unlikely.
- Specific April 2026 temperature anomaly forecasts are currently unavailable.
- Lack of 2026 ENSO/PDO forecasts prevents analog year identification.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| 73° or below | 1.0% | 1.0% | A late-season cold front or persistent cool air mass could keep temperatures low. |
| 82° or above | 34.0% | 32.8% | An early significant warm spell with southerly winds could push temperatures into the 80s. |
| 80° to 81° | 36.0% | 34.7% | Strong spring warming trends can occasionally bring temperatures to the low 80s in Chicago. |
| 76° to 77° | 11.0% | 10.8% | Mild spring conditions are common, allowing temperatures to rise comfortably into the upper 70s. |
| 78° to 79° | 18.0% | 17.6% | Above-average spring warming is plausible, leading to pleasant temperatures near 79 degrees. |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 April 12, 2026: 21.0pp spike
Price increased from 16.0% to 37.0%
Outcome: 80° to 81°
4. Market Data
Contract Snapshot
This market resolves to "Yes" if the highest temperature recorded at Chicago Midway, IL, on April 12, 2026, is less than 74°F, as verified by the National Weather Service's Climatological Report (Daily); otherwise, it resolves to "No." Trading for this market concludes at 11:59 PM ET on April 12, 2026, with payouts projected one hour after expiration, which is tied to the release of the April 12 data on April 13, 2026. Traders should rely only on the official NWS Climatological Report for settlement and note that preliminary NWS data may contain rounding or conversion nuances.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| 80° to 81° | $0.36 | $0.65 | 36% |
| 82° or above | $0.34 | $0.67 | 34% |
| 78° to 79° | $0.18 | $0.83 | 18% |
| 76° to 77° | $0.10 | $0.91 | 11% |
| 74° to 75° | $0.03 | $0.98 | 3% |
| 73° or below | $0.02 | $0.99 | 1% |
Market Discussion
Limited public discussion available for this market.
5. What is the March-April-May 2026 ONI consensus forecast?
| IRI/CPC ENSO plume forecast for March-May 2026 | Not available due to empty research results [N/A] [^] |
|---|---|
| Strong El Niño favoring higher temperatures | Cannot be determined [^] |
| La Niña favoring lower temperatures | Cannot be determined [^] |
6. Has Chicago O'Hare Spring Warming Increased 75F+ Days in Early April?
| April Average High Temperature Increase (5 decades) | 2.1°F [^] |
|---|---|
| Fastest Warming Month in Chicago | April [^] |
| Fastest Warming Season in Chicago | Spring [^] |
7. What are the ENSO and PDO climate forecasts for 2026?
| ENSO Forecast 2026 | Strong, potentially record-strength El Niño [^] |
|---|---|
| PDO Forecast 2026 | Not available in provided sources [^] |
| KORD April 12 High Temp Data | Available only for 1991, recorded 63°F (17°C) [^] |
8. Are Great Lakes April 2026 Temperature Forecasts Currently Available?
| April 2026 Forecast Availability | Not available from current research [^] |
|---|---|
| ECMWF Forecast Link Purpose | Template for accessing future data [^] |
| NCEP CFSv2 Link Content | Current seasonal and monthly outlooks [^] |
9. What is Chicago's Temperature Outlook for Mid-April 2026?
| Probability of >79.5°F on April 11, 2026 | 2% [^] |
|---|---|
| Likelihood of 80°F or higher in mid-April 2026 | Unlikely [^] |
| April 10, 2026 forecast | Seasonable conditions, close to average [^] |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: April 13, 2026
- Expiration: April 19, 2026
- Closes: April 13, 2026
11. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
13. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 3 resolved YES, 17 resolved NO
Recent resolutions:
- KXHIGHCHI-26APR10-T57: NO (Apr 11, 2026)
- KXHIGHCHI-26APR10-T50: NO (Apr 11, 2026)
- KXHIGHCHI-26APR10-B56.5: NO (Apr 11, 2026)
- KXHIGHCHI-26APR10-B54.5: NO (Apr 11, 2026)
- KXHIGHCHI-26APR10-B52.5: YES (Apr 11, 2026)
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