Market Perspectives – August 25, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The National Weather Service Weather Prediction Center (valid August 25 – August 28) calls for rainfall over parts of the South, the Southwest, the Northern Rockies, Upper Midwest, and Northeast. Meanwhile, dry weather is expected to continue across the drought-stricken areas of the Pacific Northwest, California, the Central Great Basin, and Central Plains. Moving into next week (valid August 30 – September 1), the forecast calls for more rain across Texas, Oklahoma, and much of the eastern half of the CONUS. At 8 – 14 days, the Climate Prediction Center Outlook (valid September 1 – September 7) calls for above normal temperatures across the West, High Plains, Upper Midwest, East Coast, and interior Alaska. Below normal temperatures are predicted across southeast New Mexico, Texas, and Southern Oklahoma. Below normal precipitation is favored across much of the northern tier of CONUS. Above normal precipitation is favored for the southern tier, from New Mexico eastward.

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