Summary of key issues:
- During the past week rainfall was mainly recorded in coastal and southern regions of Australia.
- Higher than average maximum and minimum temperatures of up to 6 degrees Celsius have continued across most of southern Australia this week.
- Recent widespread rainfall has reportedly contributed to an increase in adult Australian plague locust numbers across many inland parts of Queensland, New South Wales, Victoria and South Australia during April and May.
- Water storage levels in the Murray–Darling Basin have increased by 87 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$339 a tonne in the week ending 20 May 2014.
- The Australian grain sorghum indicator price (Sydney) was $346 a tonne in the week ending 20 May 2014.
- The Queensland young cattle indictor price (330 – 400 kg live weight C3) averaged 338 cents a kilogram in the week ending 16 May 2014.
- Changes to the saleyard prices of lamb were mixed in the week ending 16 May 2014, compared with the previous week.