21 Oct 21
Water trading
Water trading - October update

The Elders Weather rainfall outlook suggests multiple cold fronts will develop across the country from 26 October onwards. These are expected to bring widespread rainfall particularly in eastern Australia. In Western Australia the strongest cold fronts will develop from 27 October and reoccur during November, bringing widespread rainfall.

According to the Murray-Darling Basin Authority, water levels in the Hume Dam have reached 97 per cent (pc), with outflows of around 16,000 ML/day. Downstream demand is likely to be high with state allocations increasing in recent weeks. In the River Murray, inflows have increased due to a combination of outflows from the Hume Dam and inflows from tributaries downstream of the Hume. Irrigators continue to have access to unregulated flows along the River Murray and Edward-Wakool system. The River Murray currently has active storage of 7,956 GL, an increase of 19 GL in the past week.

Prices

Temporary water market

Water Market Temporary (per ML)
Murray (Below Choke) $110.00 to $115.00
Murray (Above Choke) $85.00 to $90.00
Murrumbidgee $85.00 to $90.00
Goulburn $80.00 to $85.00

Source: Elders Water Trading

Allocations

Open allocation for the season

Trading region Entitlement Type Percentage
NSW Murray High security 100%
General security 110%
NSW Murrumbidgee High security 95%
General security 63%
Vic Murray High reliability 100%
Vic Goulburn High reliability 100%
SA Murray Class 3 (irrigation) 100%

Source: Elders Water Trading

Murray (below Choke) Zone average Temp Price 1 August to 10 October 2021

Data provided by: www.waterflow.io

Murray (above Choke) Zone average Temp Price 1 August to 5 October 2021

Data provided by: www.waterflow.io

Goulburn Zone average Temp Price 1 August to 5 October 2021

Data provided by: www.waterflow.io

Murrumbidgee Zone average Temp Price 1 August to 5 October 2021

Data provided by: www.waterflow.io

For assistance with your water needs contact the Elders water trading team on 1300 220 214

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Disclaimer

Elders Ltd. published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 05:13:07 UTC.