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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • Rainfall during the week ending 4 May 2016 was mainly recorded across south-eastern, southwestern and northern Australia.
  • For the week ending 3 May 2016, maximum and minimum temperatures were above average across much of Australia.
  • The national mean temperature for April 2016 was the second-warmest on record, at 2 °C above the long-term average.
  • Rainfall in April 2016 was below average for much of Australia.
  • Relative upper layer soil moisture for April 2016 was generally average to below average across much of Australia.
  • The forecast for the next eight days indicates that rainfall is likely in all states and territories.
  • Water storage levels in the Murray–Darling Basin (MDB) increased by 8 gigalitres (GL) during the week ending 5 May 2016.
  • The young cattle indicator price (330–400 kg live weight C3) averaged 561 cents a kilogram (dressed weight) in Queensland in the week ending 29 April 2016.
  • The Victorian lamb indicator price (18–22kg fat score 2–4) averaged 533 cents a kilogram (dressed weight) in the week ending 29 April 2016.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) was US$198 a tonne in the week ending 3 May 2016.

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.