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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

Categories: Beef, Sheep & lambs, Cropping, Weather, Commodities

Summary of key issues:

  • During the week ending 9 September 2015, rainfall was recorded across much of south-east Australia.
  • Maximum and minimum temperatures were generally below average across much of Australia during the week ending 8 September 2015.
  • Water storage levels in the Murray–Darling Basin (MDB) increased during the week ending 10 September 2015.
  • In New South Wales, general security allocations have increased in the Lachlan, Gwydir and Peel Valleys and in the Upper Namoi catchment.
  • The young cattle indictor price (330–400 kg live weight C3) averaged 569 cents a kilogram (dressed weight) in Queensland in the week ending 4 September 2015.
  • The lamb indicator price (18–22kg fat score 2–4) averaged 590 cents a kilogram (dressed weight) in Victoria in the week ending 4 September 2015.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$216 a tonne in the week ending 8 September 2015.
  • The Australian grain sorghum indicator price (Sydney) was $295 a tonne in the week ending 9 September 2015.

Source: www.daff.gov.au/abares

 

Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank Limited accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank Limited ABN 74 083 938 416 AFSL 238042.