Market Perspectives – September 15, 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 precipitation accumulations ranging from 2 to 4+ inches across areas of the Upper Midwest, with the heaviest amounts expected in Upper Peninsula Michigan and northeastern Minnesota. Likewise, 2 to 4+ inch accumulations are expected across areas of Florida. Elsewhere, lesser accumulations ranging from 1 to 2+ inches are forecasted for northern portions of New England as well as areas out West including the Northern Rockies, Wasatch Range, eastern Great Basin, and portions of the Southern and Central Rockies. The CPC 6-10-day Outlooks calls for a moderate-to-high probability of above-normal temperatures for all areas east of the Rockies, while much of the West is expected to be cooler than normal with exception of coastal areas of California. Precipitation is forecasted to be above normal across much of the West. Below-normal precipitation is expected across most of the Eastern Tier.

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