Market Perspectives – March 3, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: Showery weather, initially confined to the nation’s northern tier, will gradually engulf the much of the West before spreading eastward. A return to chilly weather will accompany and trail the increasingly unsettled weather. However, storminess will bypass much of the nation’s southern tier, with the Southeast and southern sections of the Rockies and Plains remaining dry during the next 5 days. Farther north, 5-day precipitation could total an inch or more from the upper Midwest into the Great Lakes region. Precipitation will also stretch from California to the central Rockies, although amounts are not expected to be great enough to provide substantial drought relief. Still, some areas of the West could experience their heaviest precipitation since December.

The NWS 6- to 10-day outlook for March 8 – 12 calls for the likelihood of below-normal temperatures from the Pacific Coast to the Mississippi Valley and the upper Great Lakes region, while warmer-than-normal weather will prevail along and east of a line from southeastern Louisiana to Lake Ontario. Meanwhile, near- or above-normal precipitation across most of the country should contrast with drier-than-normal conditions from California to the southern High Plains.

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