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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • Maximum and minimum temperatures were predominantly below average over much of Australia during the week ending 21 July 2015.
  • The 2015 El Niño event has strengthened.
  • During July 2015, general security water allocations have been increased in the Murrumbidgee Valley in New South Wales.
  • Water storage levels in the Murray–Darling Basin (MDB) increased this week by 263 gigalitres (GL) and are at 43 per cent of total capacity.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$236 a tonne in the week ending 21 July 2015.
  • The Australian grain sorghum indicator price (Sydney) was $338 a tonne in the week ending 22 July 2015.
  • The Queensland young cattle indicator price (330–400 kg live weight C3) averaged 517 cents a kilogram (dressed weight) in the week ending 17 July 2015.
  • The lamb indicator price (18–22kg fat score 2–4, Victoria) averaged 576 cents a kilogram (dressed weight) in the week ending 17 July 2015.

Source: www.daff.gov.au/abares

 

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