Market Perspectives – May 12, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: The NWS WPC 7-Day Quantitative Precipitation Forecast (QPF) calls for moderate-to-heavy liquid (liquid = rain + SWE) precipitation accumulations ranging from 2 to 5+ inches across western portions of Oregon and Washington while lighter accumulations (< 1 inch) are forecasted for areas of the Northern Rockies. The remainder of the West is expected to be dry during the next 7-day period. In northern portions of the High Plains, light to moderate accumulations (generally < 3 inches) are expected while light accumulations (< 1 inch) are forecasted for areas of the Midwest, South, Mid-Atlantic, and the Northeast.

The CPC 6-10-day Outlooks calls for a moderate-to-high probability of above-normal temperatures across the lower two-thirds of the conterminous U.S., while below-normal temperatures are expected across the Pacific Northwest and the Upper Midwest. In terms of precipitation, below-normal precipitation is expected across Northern California, much of the Intermountain West and Southwest, South, and the Upper Great Lakes region. Conversely, above-normal precipitation is forecasted for portions of the Pacific Northwest and the northern Plains.

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