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ABARES Weekly Australian Climate, Water and Agricultural Updates

ABARES Weekly Australian Climate, Water and Agricultural Updates

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

Summary of key issues:

  • During the week ending 8 February 2017, rainfall was recorded in all states and territories.
  • Upper layer soil moisture for January 2017 was generally well above average across the western two thirds of Australia.
  • According to the Bureau of Meteorology, there is a low to moderate chance that two cyclones could form in Queensland waters later this week.
  • Water storage levels in the Murray–Darling Basin (MDB) decreased by 230 gigalitres (GL) during the week ending 9 February 2017.
  • The feed barley indicator price (Sydney) rose 2 per cent to $178 a tonne following Saudi Arabia’s purchase of 1.5 million tonnes of feed barley from various origins including Australia.
  • The anhydrous milk fat (AMF) indicator price rose by 4 per cent to US$5,765 a tonne at the global dairy trade (GDT) auction on 7 February 2017.

Source: www.agriculture.gov.au/abares

 

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