Lowest temperature in New Orleans on Jun 9, 2026?

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 9, 2026 is priced as binary or range-based contracts reflecting different temperature thresholds. Traders buy and sell shares corresponding to specific low-temperature bands, with prices ranging from 0 to 100 cents per share. The current market price directly implies the probability traders assign to each outcome. Kalshi's pricing mechanism allows continuous adjustment as new weather data, seasonal patterns, and atmospheric conditions become available leading up to the resolution date.

The market resolves on Jun 10, 2026. Resolution is determined by the official recorded lowest temperature in New Orleans on June 9, 2026, typically sourced from National Weather Service stations or recognized meteorological data providers. The exact temperature reading establishes which outcome bracket or contract settles in the money. Traders holding positions in the correct temperature range receive their payout, while incorrect positions expire worthless. The resolution process is automated once the official data is confirmed and published.

Several factors could shift market odds for New Orleans' June 9 low temperature. Seasonal climate patterns, including Atlantic hurricane activity and tropical moisture, influence early-summer overnight lows in the region. Updated long-range weather forecasts issued in the weeks before June 9 will drive significant repricing. El Niño or La Niña conditions, jet stream positioning, and any anomalous heat or cold events in the Gulf Coast region could move trader sentiment. Historical temperature records for that date and broader climate trends will also inform market adjustments as the event date approaches.