Market Perspectives – September 29, 2022

U.S. Weather/Crop Progress

U.S. Drought Monitor Weather Forecast: During the two days after the Tuesday morning cutoff time for the USDM, Hurricane Ian made landfall across Florida and an upper-level trough moved across the Northeast, with these systems bringing rain to these areas, while another Pacific trough moved into the Pacific Northwest. Dry high pressure dominated most of the rest of the CONUS. For the period September 29-October 4, the Pacific trough will move across the Pacific Northwest and northern to central Rockies, giving these regions 0.5-1.5 inches of rain with locally up to 2 inches. The remnants of Ian will be drawn over the Southeast, spreading a large area of 1-5 inches of rain across the Southeast to Mid-Atlantic states, with locally over 10 inches in parts of Florida. Ian’s rain will stretch into the eastern Tennessee Valley and southern New England, where up to an inch of rain is expected. Little to no precipitation is forecast for the rest of the CONUS where high pressure ridging will dominate. Temperatures are predicted to be warmer than normal in the West to Great Plains and cooler than normal in the Southeast to Mid-Atlantic states.

For the period October 4-12, odds favor above-normal precipitation across most of Alaska and in the Four Corners states, with below-normal precipitation over the Alaska panhandle, northern portions of the West, and much of the Plains to East Coast. The West and Alaska panhandle are expected to get wetter as the period progresses. Odds favor warmer-than-normal temperatures for most of Alaska and most of the CONUS, except the period may begin cooler than normal along the East Coast.

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