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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:

  • Maximum and minimum temperatures were generally close to average across much of Australia for the week ending 1 November 2016.
  • The State of the Climate 2016, released by the Bureau of Meteorology and CSIRO, reports that Australia’s climate has warmed by around 1°C since 1910.
  • Relative upper layer soil moisture for October 2016 was close to average across most of Australia.
  • Water storage levels in the Murray–Darling Basin (MDB) increased by 99 gigalitres (GL) during the week ending 3 November 2016.
  • In New South Wales, general security water allocations increased in the Murray and Murrumbidgee systems.
  • The world sugar indicator price (Intercontinental Exchange, nearby futures, no.11 contract) was 4 per cent lower than the previous week.
  • The price of potatoes (white, brushed) doubled between 17 September and 22 October as a result of poor seasonal conditions in some of the major potato producing regions.
  • Consumer prices for beef, veal, lamb and goat rose by more than 8 per cent in the year to September quarter 2016.

Source: www.agriculture.gov.au/abares

 

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