Key issues
- In the week ending 14 February 2024, troughs generated showers in the tropics, extending into southern Queensland and northern New South Wales. Onshore winds brought showers to the coastal region of southeast Queensland and New South Wales. A high-pressure system kept elsewhere dry.
- Over the coming days, a monsoonal low-pressure system is expected to generate heavy rainfall of up to 300 millimetres in the tropical north. Onshore winds will bring showers to the eastern parts of the country. A high-pressure system will keep much of central and south-western areas of the country dry.
- Rainfall in Queensland and New South Wales will continue to support development of summer crops and pasture growth but dry conditions elsewhere, particularly in Western Australia, will continue to see a decline in soil moisture levels. Significant rainfall in autumn will be required in these areas to support the planting of winter crops.
- Globally, variable rainfall during January has led to mixed crop production prospects.
- Global production conditions were generally favourable for maize and soybeans, but variable for wheat and rice.
- Global production conditions have generally improved, except for South America, compared to those used to formulate ABARES forecasts of global grain supplies and world prices for 2023-24 in its December 2023 edition of the Agricultural Commodities Report. As a result, global grain production is likely to be higher, but global oilseed production is expected to be lower than that forecast in December.
- Water storage levels in the Murray-Darling Basin (MDB) decreased between 7 February 2024 and 14 February 2024 by 125 gigalitres (GL). Current volume of water held in storage is 18 517 GL. This is 13 percent or 2652 GL less than at the same time last year.
- Allocation prices in the Victorian Murray below the Barmah Choke decreased from $42 on 8 February 2024 to $32 on 15 February 2024. Prices are lower in the Murrumbidgee, regions above the Barmah choke and the Goulburn-Broken due to the binding of the Murrumbidgee export limit, Barmah choke trade constraint, and the Goulburn intervalley trade limit.
Climate
For the week ending 14 February 2024, troughs generated showers in the tropics, extending into southern Queensland and northern New South Wales. Onshore winds brought showers to the coastal region of southeast Queensland and New South Wales. A high-pressure system kept elsewhere dry.
Across cropping regions, rainfall totals of up to 50 millimetres were recorded across parts of Queensland and New South Wales. These falls will continue to support the ongoing growth and lift the yield potential of summer crops. Additionally, these falls will help maintain soil moisture levels to support pasture growth and build reserves ahead of the upcoming winter cropping season. By contrast, Western Australia, South Australia, and western Victoria remained dry, with declining levels of soil moisture.
Rainfall for the week ending 14 February 2024
Over the 8 days to 22 February 2024, a monsoonal low-pressure system is expected to generate heavy rainfall of up to 300 millimetres in the tropical north. Onshore winds will bring showers to the eastern parts of the country. A high-pressure system will keep much of central and south-western areas of the country dry.
Across cropping regions, rainfall totals up to 50 millimetres are forecast for Queensland and central and northern New South Wales and up to 10 millimetres in Victoria and southern New South Wales. If realised, these falls will continue to benefit soil moisture levels for pasture growth and support the growth of long season and later sown summer crops. With the harvest of early planted summer crop now underway, wet weather over the next 8-days is likely to result in some harvest delays.
Little to no rainfall is expected across remaining cropping regions. Western Australian cropping regions continue to experience dry conditions and declining soil moisture levels and will require significant rainfall during autumn to support the planting of winter crops.
Total forecast rainfall for the period 15 February to 22 February 2024
Crop production is affected by long-term trends in average rainfall and temperature, interannual climate variability, shocks during specific growth stages, and extreme weather events. Some crops are more tolerant than others to certain types of stresses, and at each growth stage, different types of stresses affect each crop species in different ways.
The precipitation anomalies and outlooks presented here give an indication of the current and future state of production conditions for the major grain and oilseed producing countries which are responsible for over 80% of global production. This is an important input to assessing the global grain supply outlook.
January precipitation percentiles and current production conditions
As of the end of January 2024, rainfall was mixed for the world’s major grain-producing and oilseed-producing regions.
The precipitation was below average across parts of South and North America. Precipitation was average to above average in the remaining grain and oilseed producing regions.
Global precipitation percentiles, January 2024
As of 28 January 2024, global production conditions were generally favourable for maize and soybeans, but variable for wheat and rice. In the northern hemisphere, recent dry conditions have affected planting and crop establishment for wheat in Ukraine and the Russian Federation, but October rains have established favourable soil moisture for sowing and germination in Türkiye, UK and China. In the southern hemisphere, the area affected by dry conditions continues to expand in Brazil.
Wheat: in the southern hemisphere, harvesting is wrapping up in Argentina under mixed conditions as the earlier severe drought affected much of the country. In the northern hemisphere, winter wheat is experiencing mixed conditions in parts of Europe, the Black Sea region, the US, and Canada.
Maize: in the southern hemisphere, conditions are favourable in Argentina and South Africa while harvesting is beginning in Brazil for the spring-planted crop under mixed conditions. Conditions are favourable in India for the Rabi crop.
Rice: in India, transplanting of the Rabi crop continues. In Bangladesh, rice harvest is wrapping up and next season rice is sown. In Southeast Asia, wet-season rice is beginning in Indonesia as the sowing of dry-season rice ramps up in the northern countries.
Soybeans: in the southern hemisphere, harvesting is beginning in Brazil under mixed conditions as sowing is wrapping in Argentina under favourable conditions.
Crop conditions, AMIS countries, 28 January 2024
The global climate outlook for March 2024 to May 2024 indicates that mixed rainfall conditions are expected for the world’s major grain-producing and oilseed-producing regions. Outlooks and potential production impacts for the major grain and oilseed producing countries are presented in the table.
Region | March-May rainfall outlook | Potential impact on production |
---|---|---|
Argentina | Below average rainfall is more likely across western half of Argentina between March and May 2024. Average rainfall is likely in the eastern half of the country. | Below average rainfall is likely to hinder the development of sorghum, rice, millet, soybeans, corn, sunflower, cotton and nuts, and the planting of wheat in May 2024. |
Black Sea Region | Above average rainfall is forecast for Kazakhstan, Ukraine and the Russian Federation. | Above average rainfall in parts of Kazakhstan and Ukraine may support winter wheat and canola development, as well as cotton, corn and sunflower planting from March 2024. Average or above normal rainfall across the Russian Federation is likely to support similar crops in the south and the planting and development of spring wheat planting in the north from April 2024. |
Brazil | Below average rainfall is more likely across central and western Brazil while above average rainfall is more likely across parts of southern Brazil. | Below average rainfall across central Brazil is likely to hinder the development of cotton and corn, and the harvesting of soybeans. Above average rainfall in the south should support the development and harvesting of rice, sorghum, millet, sunflower, soybeans, cotton, nuts and corn, and the planting of wheat in May 2024. |
Canada | Average to above average rainfall is more likely across much of Canada between March and May 2024 | Above rainfall is likely to support winter wheat development in Canada from March 2023 and the planting of spring wheat, canola, corn, soybeans and sunflower from May 2023. |
China | Average to above average rainfall is more likely across much of China while below average rainfall is more likely across parts of southern China. | Average to above average rainfall across much China is likely to support the development of winter wheat and canola and the planting and development of early rice, single rice, cotton, spring wheat, corn, sorghum, soybeans, sunflower and nuts. Below average rainfall across southern China may affect the development of these crops from March 2024. |
Europe | Average to above average rainfall is more likely for much of Europe between March and May 2024. | Average to above average rainfall across Europe is likely to support winter wheat and canola development and the planting and development of corn, cotton, spring wheat, soybeans, sunflower and sorghum between March and May 2024. |
South Asia (India) | Average rainfall is more likely across much of India. | Average rainfall is likely to support the development of wheat and canola in India. |
Southeast Asia (SEA) | Below average rainfall is likely across SEA. | Below average rainfall across most of Southeast Asia is likely to affect corn and rice planting, development and harvesting. Below average rainfall may adversely impact rice, corn and soybean production. |
The United States of America (US) | Above average rainfall is more likely for eastern half of US while average rainfall is more likely for western half of US. | Average or better rainfall in the US is likely to support winter wheat as it comes out of dormancy, as well as the planting and development of spring wheat, canola, corn, cotton, rice, soybeans and nuts. |
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