Internet Banking

News

ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • During the week ending 1 February 2017, rainfall was recorded across most states and territories.
  • After several large rainfall events during January, the northern wet season is quickly turning into one of the best on record for many parts of Western Australia's north.
  • Maximum and minimum temperatures were between 2°C and 6°C above average across much of south-eastern Australia for the week ending 31 February 2017.
  • The forecast for the next eight days indicates that rainfall is expected across much of Australia with totals forecast to exceed 50 millimetres for western and northern Australia.
  • The El Niño–Southern Oscillation (ENSO) remains neutral, with all ENSO indicators currently within the ENSO-neutral range.
  • Water storage levels in the Murray–Darling Basin (MDB) decreased by 423 gigalitres (GL) during the week ending 2 February 2017.
  • The Australian feed barley indicator price (Sydney) was $170 in the week ending 1 February 2017.

Source: www.agriculture.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 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 – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879