Market Perspectives – March 30, 2023

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: From the morning of Wednesday, March 29 through the evening of Monday, April 3, the National Weather Service Weather Prediction Center is forecasting precipitation in some of the higher elevation areas of California, with heavier amounts likely in western Oregon and Washington. Some mountainous areas of Idaho, Colorado, southwest Montana, Wyoming and Utah will likely see over 0.75 inches of precipitation, with some locally heavy amounts possible. Farther east, the southern Great Plains are likely to remain dry, while precipitation is likely from South Dakota into the Upper Great Lakes, and from the Lower Great Lakes southwest toward the Lower Mississippi Valley as a strong storm system traverses the central Great Plains and Midwest. Localized precipitation amounts at or exceeding 0.75 inches are possible for northeast New York and Vermont as well.

From April 4-8, the National Weather Service Climate Prediction Center forecast strongly favors colder-than-normal weather in the West and warmer-than-normal conditions in the Southeast, with the dividing line between warmer and colder than normal running from Chicago southwest to St. Louis southwest to the Texas Big Bend region. Northwest of this line, below-normal temperatures generally become more likely, with the opposite true southeast of this line. Below-normal temperatures are slightly favored in much of Alaska, especially in the southeast regions. Above-normal precipitation is favored across much of the contiguous U.S., excluding the Florida Panhandle, western Montana, southern Arizona, New Mexico, and the El Paso area. The highest confidence for above-normal precipitation for this time period is over South Dakota, North Dakota and Minnesota. Wetter-than-normal weather is also favored in Alaska.

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