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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:

  • During the past week, rainfall in excess of 15 millimetres was mainly restricted to the far north of Australia.
  • April rainfall was average to extremely high across much of northern, central and southern Australia.
  • Water storage levels in the Murray–Darling Basin decreased this week by 11 gigalitre (GL) 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$342 a tonne in the week ending 29 April 2014.
  • The Australian grain sorghum indicator price (Sydney) was $343 a tonne in the week ending 30 April 2014.
  • The Queensland young cattle indicator price (330 – 400 kg live weight C3) averaged 330 cents a kilogram in the week ending 25 April 2014.
  • Changes to the saleyard prices of lamb were mixed in the week ending 25 April 2014.

Source: www.daff.gov.au/abares

 

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