I have gridded precipitation information available at 2 degrees monthly.
I need to interpolate precipitation data at each month at each grid points into US county scale. The US here I mean mainland US leaving Alaska & Hawaii.
If I understand this correctly, you just want to interpolate values from a 2D dataset arranged in a grid?
I think the griddata function is what your looking for. If not, can you post some example code or some example data for us to take a look at?
griddata function: http://nl.mathworks.com/help/matlab/ref/griddata.html