Market Perspectives – February 23, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A strong Pacific weather system moved across the West on February 22, with a low pressure and frontal system spreading rain and snow from the Plains to Mississippi Valley and across northern states. A series of weather systems will follow during February 23-28, spreading an inch or more of precipitation from Oklahoma to the Great Lakes, from the Tennessee to Ohio Valleys, and across much of the Northeast, as well as along the West Coast and into the interior West. Some precipitation totals will exceed 2 inches in the Upper Mississippi Valley and western Great Lakes, and exceed 4 inches along coastal Washington and California and into the Sierra Nevada range. The Gulf of Mexico Coast, western parts of the Great Plains, and parts of the Mid-Atlantic Coast will see little to no precipitation. High pressure over the Gulf of Mexico will keep temperatures warmer than normal from the southern Plains to Ohio Valley and Gulf Coast to Mid-Atlantic Coast, while temperatures will be cooler than normal across the Far West to northern Plains.

For February 28-March 8, the outlook favors colder-than-normal weather across the West and Alaska, with warmer-than-normal weather from the southern Plains to Atlantic Coast and Great Lakes. Above-normal precipitation is likely across Alaska, the western CONUS, and much of the CONUS east of the Rockies except along the Gulf Coast where below-normal precipitation is favored.

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