Lowest temperature in New Orleans on May 27, 2026?

The Lowest temperature in New Orleans on May 27, market resolves on May 28, 2026. Resolution is determined by the actual minimum temperature recorded in New Orleans on May 27, 2026, which is verified against official weather data sources. The outcome depends on which temperature range bracket the recorded low falls into, triggering payment to holders of the correct outcome contract. Traders should monitor weather forecasts and historical temperature patterns for New Orleans in late May to inform their positions before the market closes and final settlement occurs.

Several factors could shift odds for New Orleans' May 27 low temperature. Updated weather models from the National Weather Service or European forecasting centers may signal warmer or cooler conditions as the date approaches. Seasonal climate patterns, including the onset of summer heat or lingering spring variability, influence trader expectations. Historical May temperature data and anomalies in the Gulf of Mexico could trigger repricing. Additionally, broader climate events—such as La Niña or El Niño phases—and real-time atmospheric developments in the days leading up to May 27 will drive market adjustments as traders refine their forecasts.