Weekly update - 24 August 2017
Key issues
- During the week ending 23 August 2017 rainfall totals between 5 and 50 millimetres were recorded in south-western and south-eastern Australia, with little to no rainfall over the rest of mainland Australia.
- Late-winter rainfall across western and south-eastern Australia has been beneficial for pastures and winter crops. However, rainfall in northern New South Wales and southern Queensland remains well below average as wheat and other winter crops enter temperature and moisture-sensitive stages of development.
- For the week ending 22 August 2017 maximum temperatures were between 2°C and 6°C above average for most of northern Australia. Minimum temperatures were generally close to average across most of the country, with parts of central Australia recording above average (2°C to 6°C) minimum temperatures.
- The National Aeronautics and Space Administration (NASA) report that July 2017 tied with July 2016 for the warmest July globally in recorded history.
- During the next eight days rainfall totals between 5 and 100 millimetres are forecast for western Tasmania and southern parts of Western Australia. Rainfall totals between 5 and 10 millimetres are forecast for eastern parts of Queensland and New South Wales, and parts of southern Victoria and South Australia. Little to no rainfall is forecast for the rest of mainland Australia during the next eight days.
- Water storage levels in the Murray–Darling Basin (MDB) increased during the week ending 24 August 2017 by 431 gigalitres (GL) to 16,505 GL and are at 73 per cent of total capacity. This is 12 percentage points or 2,719 GL more than at the same time last year.
- Allocation prices in the southern Murray–Darling Basin fell in the week up to 24 August 2017 in most systems. Average prices across the southern system excluding Victoria decreased to $130.
Climate
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Rainfall this week
During the week ending 23 August 2017 rainfall was recorded in far south-western and far south-eastern Australia, with little to no rainfall recorded over the rest of mainland Australia. Rainfall totals between 5 and 50 millimetres were recorded in south-western Western Australia, south-eastern South Australia, Victoria, southern New South Wales, and Tasmania. Rainfall totals exceeded 50 millimetres in far south-western Western Australia, western Tasmania, and in alpine regions of Victoria and New South Wales. The highest recorded weekly total was 118 millimetres at Koetong around 50 kilometres east of Wodonga in Victoria.
Late-winter rainfall across western and south-eastern Australia has been beneficial for pastures and winter crops. However, rainfall in northern New South Wales and southern Queensland remains well below average as wheat and other winter crops enter temperature and moisture-sensitive stages of development.
Rainfall - week ending 23 August 2017
©Commonwealth of Australia 2017, Australian Bureau of Meteorology - Issued: 23/08/2017
Note: The rainfall analyses and associated maps utilise data contained in the Bureau of Meteorology climate database, the Australian Data Archive for Meteorology (ADAM). The analyses are initially produced automatically from real-time data with limited quality control. They are intended to provide a general overview of rainfall across Australia as quickly as possible after the observations are received. For further information go to Weekly Rainfall Update.
Temperature anomalies this week
During the week ending 22 August 2017 maximum temperatures were between 2°C and 6°C above average for most of northern Australia. Maximum temperature anomalies were close to average for the remainder of Australia. Minimum temperatures were generally close to average across most of the country, with parts of central Australia recording above average (2°C to 6°C) minimum temperatures.
These above average August temperatures, particularly in Queensland and the Northern Territory, follow well above average maximum and minimum temperatures in northern Australia during recent months. For the period May to July, northern Australia experienced its highest mean daily maximum temperature on record, at 1.93°C above average for this period (Bureau of Meteorology, ‘Weekly Tropical Climate note’, 22 August 2017). These warmer than average temperatures have assisted fruit set in avocados, but provided an extra stress factor for winter cereal and pulse crops.
Maximum temperature anomalies - week ending 22 August 2017
©Commonwealth of Australia 2017, Australian Bureau of Meteorology - Issued: 22/08/2017
Minimum temperature anomalies - week ending 22 August 2017
©Commonwealth of Australia 2017, Australian Bureau of Meteorology - Issued: 22/08/2017
Note: Spatial temperature analyses are based on historical weekly temperature data provided by the Bureau of Meteorology. These temperature anomaly maps show the departure of the maximum and minimum temperatures from their long-term averages. Temperature anomalies are calculated using high-resolution gridded datasets from 1911 onwards. For further information go to Daily maximum temperature for Australia.
Monthly global temperature
Globally, July 2017 tied with July 2016 as the warmest July in recorded history according to the National Aeronautics and Space Administration (NASA). NASA’s data combine sea surface temperature and air temperature on land and showed July 2017 was 0.83°C hotter than the long-term average (1951 to 1980) for July, which equalled the value for July 2016.
While July is typically the planet’s hottest month of the year, this record is particularly noteworthy because it occurred in the absence of a natural climate cycle, like El Niño, which helped increased global temperatures in 2016.
Annual global temperature anomaly; each line indicates a year, from 1880 to 2017
Source: GISS Surface Temperature Analysis (GISTEMP). NASA Goddard Institute for Space Studies.
GISTEMP Update
Global land-ocean temperature index anomaly, relative to 1951-1980 July average
Source: GISS Surface Temperature Analysis (GISTEMP). NASA Goddard Institute for Space Studies.
GISTEMP Update
Rainfall forecast for the next 8 days
During the next eight days rainfall totals between 5 and 100 millimetres are forecast for western Tasmania and southern parts of Western Australia. Rainfall totals between 5 and 10 millimetres are forecast for eastern parts of Queensland and New South Wales, and parts of southern Victoria and South Australia. Little to no rainfall is forecast for the rest of mainland Australia during the next eight days.
This rainfall forecast is produced from computer models. As it contains no input from weather forecasters, it is important to check local forecasts and warnings issued by the Bureau of Meteorology.
Total forecast rainfall (mm) for the period 24 to 31 August 2017
Source: ©Commonwealth of Australia 2017, Australian Bureau of Meteorology - Issued: 24/08/2017
Water
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Water availability
Water storage levels in the Murray–Darling Basin (MDB) increased during the week ending 24 August 2017 by 431 gigalitres (GL) to 16,505 GL and are at 73 per cent of total capacity. This is 12 percentage points or 2,719 GL more than at the same time last year.
Water storages in the Murray-Darling Basin (NSW, Victoria and Queensland)
Information on water available in dams used for irrigation the Murray–Darling Basin from 1 January 2001 to 24 August 2017 is shown above. The top horizontal (short dash) line indicates the storage level during a similar time last year. The bottom horizontal (long dash) line indicates the amount of ‘dead’ or unusable storage.
Water allocations
Water allocations remain unchanged in the week to 24 August 2017.
Allocations at | 24 August 2017 | 15 August 2017 | ||
---|---|---|---|---|
New South Wales |
General security |
High security |
General security |
High security |
NSW Murray |
13% |
97% |
13% |
97% |
NSW Murrumbidgee |
23% |
95% |
23% |
95% |
NSW Lower Darling |
100% |
100% |
100% |
100% |
NSW Macquarie and Cudgegong |
38% |
100% |
38% |
100% |
NSW Hunter |
100% |
100% |
100% |
100% |
NSW Lachlan |
2% |
100% |
2% |
100% |
NSW Lower Namoi |
7% |
100% |
7% |
100% |
NSW Upper Namoi |
100% |
100% |
100% |
100% |
NSW Gwydir |
11% |
100% |
11% |
100% |
NSW Border Rivers |
100%(a)/11.1%(b) |
100% |
100%(a)/11.1%(b) |
100% |
NSW Peel |
100% |
100% |
100% |
100% |
Victoria |
Low reliability |
High reliability |
Low reliability |
High reliability |
Victoria Murray |
0% |
70% |
0% |
70% |
Victoria Goulburn |
0% |
45% |
0% |
45% |
Victoria Campaspe |
0% |
100% |
0% |
100% |
Victoria Loddon |
0% |
45% |
0% |
45% |
Victoria Bullarook |
35% |
100% |
35% |
100% |
Victoria Broken |
0% |
15% |
0% |
15% |
South Australia |
|
Class 3a/3b |
|
Class 3a/3b |
South Australia Murray |
|
100% |
|
100% |
(a) General Security A class. (b) General Security B class
Water markets
Allocation prices in the southern Murray–Darling Basin fell in the week up to 24 August 2017 in most systems in part due to new inflows. Average prices across the southern system excluding Victoria were $130. This is $9 less than the price of the whole southern Murray–Darling Basin at the same time last week. This contrasts with an average price of $124 in July across the whole southern MDB.
At the time of preparation, Victorian trade data was unavailable.
Allocation trade activity in the southern Murray–Darling Basin
Victorian trade data was unavailable at the time of preparation and is current only to 17 August 2017. Other trade data is current to 24 August 2017. The trades shown reflect estimated market activity and do not encompass all register trades. The price line reflects locally fitted price values for the entire southern Murray–Darling Basin. Trade activity is shown as colour density.
|
Southern MDB |
Victoria Goulburn |
SA Murray |
NSW Murrumbidgee |
Victoria Murray |
NSW Murray |
---|---|---|---|---|---|---|
Current week: 18/08/17 - 24/08/17 |
$129.7* |
NA* |
$140.00 |
$133.88 |
NA* |
$123.97 |
Last week: 11/08/17 - 17/08/17 |
$138.57 |
$122.00 |
$174.32 |
$109.46 |
$145.32 |
$141.84 |
July 2017 |
$124.67 |
$111.64 |
$191.30 |
$107.76 |
$118.65 |
$117.80 |
July 2016 |
$157.33 |
$229.63 |
$240.60 |
$115.56 |
$181.01 |
$208.58 |
* Victorian trade data was unavailable at the time of preparation and is current only to 17 August 2017. Other trade data is current to 24 August 2017
Current indicators – 24 August 2017
Indicator | Week ended | Unit | Latest price | Price week prior | Weekly change | Price 12 months prior | Year on year change | Chart |
---|---|---|---|---|---|---|---|---|
Selected world indicator prices |
||||||||
Australian Dollar – AUD/USD Exchange Rate | 23-Aug | US$/A$ | 0.79 | 0.79 | 0% | 0.76 | 4%![]() |
chart |
Wheat – US no. 2 hard red winter wheat, fob Gulf | 22-Aug | US$/t | 198 | 206 | -4%![]() |
194 | 2%![]() |
chart |
Coarse Grains – US no. 2 yellow corn, fob Gulf | 23-Aug | US$/t | 151 | 153 | -1%![]() |
153 | -1%![]() |
chart
|
Canola – Rapeseed, Europe, fob Hamburg | 22-Aug | US$/t | 433 | 421 | 3%![]() |
426 | 2%![]() |
chart |
Cotton – Cotlook 'A' Index | 23-Aug | USc/lb | 77.7 | 78.9 | -2%![]() |
78.1 | <1%![]() |
chart |
Sugar – Intercontinental Exchange, nearby futures, no.11 contract | 23-Aug | USc/lb | 13.5 | 13.2 | 2%![]() |
20.2 | -33%![]() |
chart |
Wool – Eastern Market Indicatora | 13-Jul | Ac/kg clean | 1,522 | 1,524 | <1%![]() |
1,311 | 16%![]() |
chart
|
Wool – Western Market Indicatora | 18-Aug | Ac/kg clean | 1,680 | 1,606 | 5%![]() |
1,397 | 20%![]() |
chart
|
Selected domestic crop indicator prices |
||||||||
Milling Wheat – ASW1, track quote, Port Adelaide, SA | 15-Aug | A$/t | 223 | 227 | -2%![]() |
223 | 0% | chart
|
Feed Wheat – General purpose, Sydney, NSW | 23-Aug | A$/t | 237 | 252 | -6%![]() |
231 | 3%![]() |
chart
|
Feed Barley – Sydney, NSW | 23-Aug | A$/t | 226 | 236 | -4%![]() |
183 | 23%![]() |
chart
|
Canola – Portland, Vic. | 21-Aug | A$/t | 495 | 502 | -1%![]() |
505 | -2%![]() |
chart
|
Grain Sorghum – Sydney, NSW | 23-Aug | A$/t | 314 | 312 | <1%![]() |
206 | 52%![]() |
chart
|
Selected domestic livestock indicator prices |
||||||||
Beef – Eastern Young Cattle Indicator | 17-Aug | Ac/kg cwt | 551 | 559 | -1%![]() |
720 | -23%![]() |
chart
|
Mutton – Mutton indicator (18-24 kg fat score 2-3), Vic | 18-Aug | Ac/kg cwt | 401 | 424 | -5%![]() |
380 | 6%![]() |
chart
|
Lamb – Eastern States Trade Lamb Indicator | 17-Aug | Ac/kg cwt | 594 | 604 | -2%![]() |
596 | <1%![]() |
chart
|
Pig – Eastern Seaboard (60.1-75 kg), average of buyers & sellers | 11-Aug | Ac/kg cwt | 276 | 274 | <1%![]() |
377 | -27%![]() |
chart
|
Goat – Eastern States (12.1-16 kg)a | 21-Jul | Ac/kg cwt | 457 | 647 | -29%![]() |
577 | -21%![]() |
chart
|
Live cattle – Light steers ex Darwin to Indonesia | 19-Aug | Ac/kg lwt | 330 | 320 | 3%![]() |
345 | -4%![]() |
chart
|
Live sheep – Live wether (Muchea WA saleyard) to Middle East | 14-Aug | $/head | 112 | 140 | -20%![]() |
93 | 20%![]() |
chart
|
Global Dairy Trade weighted average pricesb |
||||||||
Dairy – Whole milk powder | 15-Aug | US$/t | 3,143 | 3,155 | <1%![]() |
2,695 | 17%![]() |
chart
|
Dairy – Skim milk powder | 15-Aug | US$/t | 1,968 | 1,966 | <1%![]() |
2,028 | -3%![]() |
chart
|
Dairy – Cheddar cheese | 15-Aug | US$/t | 4,005 | 3,932 | 2%![]() |
3,157 | 27%![]() |
chart
|
Dairy – Anhydrous milk fat | 15-Aug | US$/t | 6,199 | 6,289 | -1%![]() |
4,148 | 49%![]() |
chart
|
a Previous week goat indicator price is from 31 July.
b Global Dairy Trade prices are updated twice monthly on the first and third Tuesday of each month.
Movements in selected fruit and vegetable prices
Data attribution