Market Perspectives – September 8, 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 5+ inches across areas of the Southeast including Georgia, Florida, and South Carolina. Likewise, 2 to 4+ inch accumulations are forecasted for areas of the Upper Midwest in Wisconsin and Upper Peninsula Michigan. Conversely, lighter accumulations (<1.5 inches) are expected across eastern portions of the South, Lower Midwest, Mid-Atlantic, and the southern extent of the Northeast. Out West, accumulations of less than an inch are expected in areas of Southern California including the Mojave Desert, Transverse Ranges, and the southern Sierra. Elsewhere, areas of the central Great Basin, Northern Arizona, and Northern Rockies are expected to receive modest rainfall accumulations.

The CPC 6-10-day Outlooks calls for a moderate-to-high probability of above-normal temperatures across the West, the Plains states, and along much of the Eastern Seaboard. Below-normal temperatures are expected across the Pacific Northwest and the Upper Midwest while there is a low-to-moderate probability of below-normal temperatures across areas of the South and Lower Midwest. In terms of precipitation, below-normal precipitation is expected across the South, Plains states, and Upper Midwest, whereas above-normal precipitation is expected across much of the West, and East Coast. In Alaska, above-normal precipitation is forecasted across much of the Interior, Southwest, and Southcentral, while areas of the southern Panhandle have a low-probability of below-normal precipitation.

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