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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, Commodities, Weather

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.

Source: www.daff.gov.au/abares

 

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