"Local folklore of the AmericanNortheast and the AmericanSouth hold that "woolly bears" (or "wooly worms" in the South) have the ability to predict the weather, similar to that of the groundhog. The forthcoming severity of a winter may be indicated by the amount of black on the Isabella tiger moth's caterpillar—the most familiar woolly bear in North America. More brown than black is said to mean a mild winter, but more black than brown is supposed to mean a harsh winter.[13] However, the relative width of the black band varies among instars, not according to weather."
This is obvious, as we are currently having a record mild winter and these are more black than brown.