Despite scattered bouts of rain in the past two weeks, South Florida is still on the U.S. Drought monitor’s watch list. The weekly report released Thursday shows 70 percent of the county continues to be in a moderate drought, with the remainder “abnormally dry.” Related: Atmospheric quirk protects Florida during busy hurricane seasons Some areas northwest of Palm Beach County have fallen into severe drought. South Florida water managers said Lake Okeechobee is 12.77 feet above sea level as of Thursday – a result of the prolonged dry spell. That’s nearing the low end of where the Army Corps of Engineers likes…