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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, Commodities

Summary of key issues:

  • For week ending 28 January 2015 rainfall in excess of 25 millimetres was recorded across central and northern areas of Western Australia.
  • Below average maximum temperatures were recorded in South Australia, southern Northern Territory and parts of Queensland during the week ending 27 January 2015.
  • The February 2015 rainfall outlook suggests that drier than average conditions are more likely over much of Australia.
  • Water storage levels in the Murray–Darling Basin (MDB) decreased this week by 247 gigalitres (GL) and are at 49 per cent of total capacity.
  • The world wheat indicator price (US No. 2 hard red winter, free on board Gulf ports) averaged US$254 a tonne in the week ending 27 January 2015.
  • The Australian grain sorghum indicator price (Sydney) was $310 a tonne in the week ending 28 January 2015.
  • The Queensland young cattle indictor price (330–400 kg live weight C3) averaged 454 cents a kilogram (dressed weight) in the week ending 23 January 2015.
  • TThe saleyard indicator price of lamb (18–22kg fat score 2–4) were higher in most states in the week ending 23 January 2015.

Source: www.daff.gov.au/abares

 

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