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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • During the week ending 18 March 2015 rainfall was mainly recorded across western, northern and eastern Australia.
  • Maximum temperatures were above average over most of Australia during the week ending 17 March 2015.
  • As at 19 March 2015, Severe Tropical Cyclone Nathan is off the north eastern coast of Queensland moving westward towards the coast.
  • The forecast for the next eight days indicates that rainfall is likely to be restricted to parts of western, northern and eastern Australia.
  • The past fortnight has seen unusual climatic conditions across the tropical Pacific, which may increase the chance of El Niño in 2015.
  • Water storage levels in the Murray–Darling Basin (MDB) decreased this week by 272 gigalitres (GL) and are at 42 per cent of total capacity.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$249 a tonne in the week ending 17 March 2015.
  • The Australian grain sorghum indicator price (Sydney) was $320 a tonne in the week ending 18 March 2015, 2 per cent higher than the previous week.
  • The Queensland young cattle indicator price (330–400 kg live weight C3) averaged 438 cents a kilogram (dressed weight) in the week ending 13 March 2015.
  • The saleyard indicator prices of lamb (18–22kg fat score 2–4) fell in all states in the week ending 13 March 2015, compared with the previous week.

Source: www.daff.gov.au/abares

 

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