Market Perspectives – March 24, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: A storm system that brought heavy rainfall to eastern parts of the lower 48 states March 22-23 will continue to move northeastward and into the Great Lakes by Thursday, March 24. This storm will continue to bring the potential for rainfall across parts of the Southeast and Mid-Atlantic and mixed precipitation types across the Northeast and Great Lakes through Friday, March 25. By March 26, another fast-moving low pressure system is expected to sweep in behind the Great Lakes system to help push it out to sea by the weekend. Following the passage of these storm systems, colder air is likely across northeastern and north-central parts of the U.S., starting on March 26, with maximum temperature anomalies expected to be anywhere from 10°F to 20°F below-normal across parts of the Midwest. These cold temperatures will shift eastward toward the Northeast and Mid-Atlantic through March 29. Across the western U.S. high pressure is expected to dominate, favoring below-normal precipitation and above-normal temperatures through Monday, March 28. Maximum temperatures are predicted to be on the order of 15°F to 20°F above-normal, and greater, with the warmer temperatures shifting from the West Coast to the Great Plains and into the Southeast March 24-29, before beginning to moderate. On March 29, another storm system is predicted to move into the West Coast bringing an opportunity for much needed precipitation across portions of California.

The Climate Prediction Center’s 6-10 day outlook (valid March 29 to April 2, 2022) favors near to above-normal temperatures across much of the western and eastern contiguous U.S. (CONUS) and the Gulf Coast. Below-normal temperatures are favored for the north-central and northeastern CONUS, behind strong low pressure exiting the East Coast near the start of the period. Above-normal precipitation is favored for much of the eastern two-thirds of the CONUS, as a storm system is expected to intensify and move eastward across U.S. during the period. Behind this storm system and farther to its south, below-normal precipitation is likely across parts of the western CONUS and southern Texas, respectively.

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