Internet Banking

Farming publications

ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

Categories: Cropping, Weather, Commodities

Summary of key issues:

  • During the week ending 16 November 2016, rainfall was recorded across northern and eastern Australia.
  • Maximum and minimum temperatures were generally close to average across much of Australia for the week ending 15 November 2016.
  • According to the World Meteorological Organization, 2016 is likely to be globally the hottest year on record.
  • Water storage levels in the Murray–Darling Basin (MDB) increased by 249 gigalitres (GL) during the week ending 17 November 2016.
  • In New South Wales, general security and high security water allocations increased in the Murray and Murrumbidgee Valleys.
  • The world sugar indicator price (Intercontinental Exchange, nearby futures, no. 11 contract) averaged 3 per cent lower than in the previous week.



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 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 – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879