I don't know if this is a wooly bear cater-pillar, or not? But I've always heard they can forecast weather.
According to Roy Krege, the coordinator of the annual Woolly Worm Festival held in Banner Elk, North Carolina, a woolly worm can tell the winter with 87 percent accuracy.
"As a rule, the blacker the caterpillar, the harsher the winter," said Krege. The woolly worm's prediction for this winter comes out on October 20 when one worm is selected and its colouring judged at the festival, which also features a race of 1,500 of the little crawlies.
I'd say ours is kind of half and half, so maybe the winter will be the same.
Another link to info on the wooly bear weather bugs: