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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, Dairy, Commodities, Weather

Summary of key issues:

  • Max. and min. temperatures were generally average or above average across much of Australia during the week ending 15 September 2015.
  • The 2015 El Niño event continues to strengthen in the tropical Pacific Ocean.
  • Water storage levels in the Murray–Darling Basin (MDB) increased during the week ending 17 September 2015.
  • In New South Wales, general security water allocations have increased in the Murray Valley system.
  • The Global Dairy Trade (GDT) weighted average price of whole milk powder increased by 20 per cent to US$2 495 a tonne on 15 September 2015.
  • The young cattle indictor price (330–400 kg live weight C3) averaged 538 cents a kilogram (dressed weight) in Queensland in the week ending 11 September 2015.
  • The lamb indicator price (18–22kg fat score 2–4) averaged 578 cents a kilogram (dressed weight) in Victoria in the week ending 11 September 2015.
  • he world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$219 a tonne in the week ending 15 September 2015.

Source: www.daff.gov.au/abares

 

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