Market Perspectives March 2, 2017

U.S. Weather/Crop Progress


U.S. Drought Monitor Weather Forecast: In the two days since the Tuesday morning cutoff time of this week’s USDM, a frontal system dropped 1-2 inches of rain, and locally more, across parts of the Ohio Valley D0 area, with half an inch or more falling across parts of the Southeast. For March 2-9, 3-5 inches of precipitation, and locally more, is forecast for north coastal California to western Washington; 1-2 inches over parts of the Northern Rockies; and a tenth of an inch or more across the rest of the Northwest into the Great Basin. Precipitation is expected across parts of the Southern Plains to Southeast, Northern Plains to Great Lakes, and along the Eastern Seaboard, with amounts ranging from a few tenths of an inch across most of these regions, to an inch or two across southern Texas, the Gulf Coast, and northern Great Lakes. Most of the Southwest into the Central Plains should be dry. Above-normal temperatures are expected for most of the CONUS, with the greatest departures in the Central Plains, while below-normal temperatures may linger in the Pacific Northwest. Odds favor the temperature anomaly pattern persisting through March 10-15. March 10-15 projections favor a continuation of the precipitation anomaly pattern with below-normal precipitation from the Southwest to Central Plains and along the Gulf of Mexico coast to Mid-Atlantic States, with above-normal precipitation favored for the rest of the CONUS. 

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