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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • The grain harvest in the Northern Agricultural region of Western Australia has started this week.
  • Maximum and minimum temperatures were generally average or above average across much of Western Australia during the week ending 22 September 2015.
  • The rainfall outlook for October to December 2015 indicates that average or wetter than average conditions are likely across most of mainland Australia.
  • The forecast for the next eight days indicates that rainfall in excess of 15 millimetres is likely on coastal south-east Queensland, coastal New South Wales, eastern Victoria and parts of Tasmania.
  • Water storage levels in the Murray–Darling Basin (MDB) decreased during the week ending 24 September 2015.
  • The young cattle indicator price (330–400 kg live weight C3) averaged 588 cents a kilogram (dressed weight) in Queensland in the week ending 18 September 2015.
  • The lamb indicator price (18–22kg fat score 2–4) averaged 531 cents a kilogram (dressed weight) in Victoria in the week ending 18 September 2015.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$219 a tonne in the week ending 22 September 2015.

Source: www.daff.gov.au/abares

 

Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank Limited accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank Limited ABN 74 083 938 416 AFSL 238042.