Market Perspectives – April 13, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for moderate-to-heavy liquid (liquid = rain + SWE) precipitation accumulations ranging from 2 to 5+ inches across western portions of Oregon and Washington while lighter accumulations (< 1 inch) are forecasted for areas of the northern and central Rockies. The remainder of the West is expected to be generally dry during the next 7-day period. In areas of the Upper Midwest and Northeast, light accumulations (< 1 inch) are expected, while light to moderate accumulations (1 to 4+ inches) are forecasted for areas of the Gulf Coast states with the heaviest accumulations expected in southern portions of Louisiana and Mississippi.

The CPC 6-10-day Outlooks calls for a moderate-to-high probability of above-normal temperatures across the southern and central Plains, South, Southeast, and the Northeast, while below-normal temperatures are expected across areas west of the Rockies and across areas of the northern Plains and Upper Midwest. In terms of precipitation, below-normal precipitation is expected across the far eastern extent of the Midwest and the southwestern portion of the Northeast region, while above-normal precipitation is forecasted for Plains states, Texas, and the northern two-thirds of the western U.S.

Follow this link to view current U.S. and international weather patterns and future outlook: Weather and Crop Bulletin.