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400,720
Markets across
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Closed: Jun 12, 2:00 AM EST
Kalshi
This event concerns the minimum temperature recorded in New Orleans on June 11, 2026, as reported by the National Weather Service. The outcome will be determined by which temperature range the recorded minimum falls within on that date.
Resolution is determined by the minimum temperature recorded at New Orleans on June 11, 2026, according to the National Weather Service's Climatological Report (Daily), accessible via the CLIMSY database at the New Orleans/Baton Rouge office. The official data source is the NWS Climatological Report rather than preliminary reports or third-party weather services. Temperature ranges are divided into six bands: 69°F or below, 70-71°F, 72-73°F, 74-75°F, 76-77°F, and 78°F or above. Each range corresponds to a distinct outcome. Traders should be aware that preliminary NWS data may be subject to rounding and conversion nuances, and should use the final version of the Climatological Report for the specific date when available.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the lowest temperature outcome for New Orleans on June 11 is priced as binary or range-based contracts, with each contract representing a specific temperature threshold or band. Traders buy shares at prices reflecting the perceived likelihood of that outcome occurring. The price of each contract moves inversely with demand: if more traders expect a temperature below 70°F, that contract's price rises. Kalshi's order book displays bid-ask spreads, allowing you to see real-time liquidity and execute trades at current market rates as new weather information arrives.
The market resolves on Jun 12, 2026, after June 11, 2026 concludes. Resolution is determined by the official lowest temperature recorded in New Orleans on that date, sourced from authoritative weather data. Once the day ends and the final temperature reading is confirmed, the outcome is locked in and contracts settle according to which temperature band or threshold was reached. Traders should monitor weather stations and official reports as the event date approaches to understand how resolution will be determined.
Major signals include seasonal climate patterns, tropical weather systems, and upper-atmosphere pressure anomalies affecting the Gulf Coast in early June. El Niño or La Niña conditions, Atlantic hurricane activity, and jet stream positioning all influence June temperatures in New Orleans. Real-time weather model updates, extended forecasts released days before June 11, and historical temperature records for that date will drive trader positioning. Additionally, any unusual atmospheric events or heat waves across the southern United States could shift expectations for New Orleans's minimum temperature, causing sharp price movements on Kalshi.