Summary of key issues:
- Widespread rainfall in excess of 15 millimetres was recorded across much of south-west Western Australia.
- For the week ending 13 May 2014, warmer than average temperatures were recorded across much of Australia.
- Despite widespread rainfall during April, long-term rainfall deficiencies persist in some regions, particularly in parts of central Queensland.
- Water storage levels in the Murray–Darling Basin have increased by 35 gigalitres this week and are at 53 per cent of total capacity.
- The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$359 a tonne in the week ending 13 May 2014.
- The Australian grain sorghum indicator price (Sydney) was $340 a tonne in the week ending 14 May 2014.
- The Queensland young cattle indictor price (330 – 400 kg live weight C3) averaged 323 cents a kilogram in the week ending 9 May 2014.
- The saleyard prices of lamb fell in most states in the week ending 9 May 2014 from the previous week.