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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

Categories: Beef, Sheep & lambs, Commodities, Weather

Summary of key issues:

  • Rainfall during the week ending 11 May 2016 was recorded in all states and territories.
  • For the week ending 10 May 2016, maximum temperatures were above average across most of eastern Australia and below average in WA.
  • Below average rainfall in April 2016 increased the extent and severity of rainfall deficiencies in eastern Australia.
  • The forecast for the next eight days indicates that little to no rainfall is expected for most of mainland Australia.
  • Key indicators suggest the 2015–16 El Niño event continues to weaken.
  • Water storage levels in the Murray–Darling Basin (MDB) increased by 109 gigalitres (GL) during the week ending 12 May 2016.
  • The New South Wales young cattle indicator price (330–400 kg live weight C3) averaged 582 cents a kilogram for the week ending 6 May 2016.
  • The Victorian lamb indicator price (18–22kg fat score 2–4) averaged 541 cents a kilogram (dressed weight) in the week ending 6 May 2016.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) was US$192 a tonne in the week ending 10 May 2016.

Source: www.daff.gov.au/abares

 

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