Highest temperature in Minneapolis on May 13, 2026?
Short Answer
1. Executive Verdict
- Specific forecasts for May 13, 2026, suggest a 71-72°F high.
- The 1991–2020 climate normal for May 13 high is 68°F.
- ENSO-neutral conditions are favored through April-June 2026.
- El Niño is likely to emerge by May-July 2026, often bringing warmer temperatures.
- Predicting daily temperatures far in advance appears challenging.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| 71° to 72° | 19.0% | 23.5% | Forecasts indicate highs around 71-72°F, aligning with the average May temperature. |
| 77° or above | 6.0% | 6.1% | The likely emergence of El Niño conditions is associated with warmer temperatures in the upper Midwest. |
| 75° to 76° | 28.0% | 25.5% | Likely El Niño conditions are generally associated with warmer temperatures in the upper Midwest. |
| 69° to 70° | 5.0% | 5.1% | Predicting specific daily temperatures far in advance is challenging due to atmospheric chaos. |
| 68° or below | 3.0% | 2.5% | The ENSO outlook favors ENSO-neutral conditions through April. |
Current Context
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Market Data
Contract Snapshot
This market resolves to "Yes" if the maximum temperature in Minneapolis on May 13, 2026, is between 73-74°F, as officially reported by the National Weather Service's Climatological Report (Daily); otherwise, it resolves to "No." The last trading time is 11:59 PM local time on May 13, 2026, with expiration occurring after the NWS data release for that date, and payouts projected 30 minutes post-closing. Traders must exclusively rely on the NWS Climatological Report for settlement, noting that preliminary data may contain rounding and conversion nuances.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| 73° to 74° | $0.43 | $0.60 | 41% |
| 75° to 76° | $0.29 | $0.72 | 28% |
| 71° to 72° | $0.21 | $0.81 | 19% |
| 77° or above | $0.07 | $0.95 | 6% |
| 69° to 70° | $0.05 | $0.96 | 5% |
| 68° or below | $0.04 | $0.97 | 3% |
Market Discussion
Various weather forecasts for Minneapolis on May 13, 2026, generally anticipate high temperatures between 71°F and 74°F, with Google and Weather25.com predicting 71°F [^][^], the National Weather Service forecasting 74°F [^], and Hoodline suggesting 73°F [^]. AccuWeather's broader monthly forecast for May 2026 indicates an average high of 72°F [^]. Prediction markets for the Minneapolis-Saint Paul Daily Temperature High on May 13, 2026, are actively trading, with 91% of contracts as of May 12, 2026, predicting the high temperature will be greater than 69°F [^][^].
4. How might the forecasted El Niño-Southern Oscillation (ENSO) phase for spring 2026 impact Minneapolis temperatures, based on outlooks from NOAA's Climate Prediction Center?
| ENSO-neutral April-June 2026 | 80% chance [^][^] |
|---|---|
| El Niño emergence May-July 2026 | 61% chance [^][^] |
| El Niño effect on Upper Midwest | Warmer and drier conditions [^][^] |
5. How does the trend in May daily high temperatures in Minneapolis from the last decade (2015-2024) compare to the established 1991-2020 climate normal?
| 1991-2020 Climate Normal May 13 High Temp | 68°F (Minneapolis/St. Paul) [^] |
|---|---|
| Highest May 13 High Temp (2015-2024) | 78°F (Minneapolis/St. Paul in 2018) [^] |
| Prediction Market May 13, 2026 High Temp Thresholds | >68°F, >69°F, >70°F (Minneapolis–Saint Paul) [^] |
6. Which public datasets from NOAA's NCEI are considered the official source for Minneapolis's daily temperature records, and what is their period of record?
| Official U.S. daily data archive | Global Historical Climatology Network daily (GHCN-Daily) [^][^] |
|---|---|
| nClimGrid-Daily Period | January 1, 1951–present [^][^] |
| GHCN-Daily record length | Can exceed 175 years (varies by station) [^] |
7. How accurate have the Climate Prediction Center's seasonal (3-month) temperature outlooks been for the Minneapolis region over the past decade of spring seasons?
| Direct Accuracy Table | Not available for Minneapolis spring temperature outlooks over the last decade [^] |
|---|---|
| Authoritative Verification Method | CPC's seasonal-verification tool (provides gridded seasonal forecast/observation pairs and Heidke Skill Scores) [^][^] |
| Seasonal Outlook Issuance | Once each month near mid-month [^] |
8. What meteorological patterns, such as blocking highs or specific jet stream configurations, have historically produced record-setting heat in Minneapolis during mid-May?
| Primary Heat Pattern | Persistent heat domes [^][^][^][^] |
|---|---|
| Contributing Wind | Strong southwest winds [^][^] |
| Record May Temperature | 106°F on May 31st [^][^][^][^][^][^] |
9. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: May 14, 2026
- Expiration: May 20, 2026
- Closes: May 14, 2026
10. Decision-Flipping Events
- Trigger: Weather prediction markets have experienced substantial growth, partly driven by the increasing impact of climate change and the need for risk management in weather-dependent sectors like agriculture and energy [^] [^] [^] [^] .
- Trigger: Businesses, including utilities, commodity producers, and event organizers, utilize weather derivatives to mitigate financial risks associated with unpredictable weather patterns [^] [^] [^] [^] .
- Trigger: Unlike traditional insurance, these derivatives provide payouts based on predefined weather conditions rather than actual losses [^] [^] .
- Trigger: The weather derivatives market has expanded significantly over the past decade, with a notable increase in trading volume, particularly in 2023 due to new contract launches and hedging programs [^] .
12. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 3 resolved YES, 17 resolved NO
Recent resolutions:
- KXHIGHTMIN-26MAY11-T72: NO (May 12, 2026)
- KXHIGHTMIN-26MAY11-T65: NO (May 12, 2026)
- KXHIGHTMIN-26MAY11-B71.5: NO (May 12, 2026)
- KXHIGHTMIN-26MAY11-B69.5: YES (May 12, 2026)
- KXHIGHTMIN-26MAY11-B67.5: NO (May 12, 2026)
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