Market Perspectives – March 17, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A storm system will exit the Rockies Thursday, bringing the potential for snowfall to the Eastern Rockies and Front Range. This system is forecast to intensify and move eastward across the lower 48, bringing an increased potential for precipitation of various types to many areas across the eastern U.S. before exiting the Eastern Seaboard by late Sunday into early Monday. As this system exits the eastern U.S., another low pressure system is forecast to track across the western U.S. and intensify over the Great Plains leading up to Tuesday. In the West, much of the heavier precipitation is forecast across parts of the Pacific Northwest, associated with the storm system later in the week. There are also increased chances of precipitation and high elevation snowfall across much of the West as this system tracks across the Rockies. The heaviest 7-day precipitation amounts are likely to be focused across parts of the Central and Southern Plains eastward to the Middle and Lower Mississippi Valley, with amounts accumulating from both storm systems.

The Climate Prediction Center’s 6-10 day outlook (valid March 22-26, 2022) favors above-normal temperatures across much of the western and eastern contiguous U.S. (CONUS) and the Northern Plains. In the central CONUS, near and below-normal temperatures are forecast for many locations, associated with a mean trough of low pressure. Below-normal precipitation is favored for much of the western third of the CONUS, underneath a mean ridge of high pressure. Conversely, above-normal precipitation is favored for the eastern two-thirds of the CONUS, associated with mean southerly flow from the Gulf of Mexico enhancing precipitation chances, particularly across the Southeast.

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