Being the eternal pessimist, I'd expected upcountry receivals (that ended down 27.83 per cent compared to winter 2022's) to finish worse than they have.
Given three very good to exceptional previous annual winter crops, the winter 2023 result might be called 'saved by Victoria', differing from a typical 'lower east coast Australia drought year.'
tt's Impossible to make any predictions for the winter 2024 crop, but in New South Wales, areas like Dubbo enjoying 26.8mm in the 24 hours to 0900 AEDT today (and having already had another 18.6mm in early January 2024), Coonamble yesterday 23mm, Temora already with 58.8mm in January thus far and Lake Cargelligo an amazing 119.2mm in January so far will help soil moisture.
In contrast, northwestern NSW's Narrabri, Moree and 'marginal country' Walgett have had minimal rain in early January, though all had fair rains in December. They are all expecting showers or a 'possible storm' today and during the next two days according to the BOM.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)