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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • Unseasonal heavy rainfall across southern Western Australia has resulted in localised flooding.
  • Water storage levels in the Murray–Darling Basin (MDB) decreased by 350 gigalitres (GL) during the week ending 16 February 2017.
  • In Victoria, low reliability allocations have increased in the Murray Valley system.
  • Most Australian grain and canola indicator prices rose in the second week of February 2017 following gains in world prices.
  • Low goat supplies are driving over the hooks goat prices higher.
  • Indicator prices for cattle and sheep all fell in the week ending 10 February 2017.

Source: www.agriculture.gov.au/abares

 

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