On-farm stocks of feed and fodder were relatively high going into the drought

On-farm stocks of feed and fodder in south-Eastern Australia were relatively high going into the drought, and  prices of hay and feed grain were relatively low. However, as  poor conditions have continued, prices have increased  rapidly, and are now approaching levels observed during the  2006-07 drought. Continue reading “On-farm stocks of feed and fodder were relatively high going into the drought”

The current drought is severe in some regions but covers a smaller area than previous events

The current drought conditions are severe in some regions – particularly in NSW. Rainfall to the end of September 2018 in NSW is the 3rd lowest ever recorded at 190.9mm. Rainfall to date across Australia is as poor as any period in the last 20 years. However, the extent of rainfall deficiencies is currently smaller than in previous droughts. Continue reading “The current drought is severe in some regions but covers a smaller area than previous events”