Water trading – November update
The Elders Weather rainfall outlook suggests multiple cold fronts with the potential to bring widespread rain over southern and eastern Australia will start 23 to 27 November, 5 to 9 December and 18 to 22 December. In the West the strongest cold fronts are expected between 7 to 11 December, 16 to 20 December and again on 21 to 25 December.
According to the Murray-Darling Basin Authority, water levels in the Hume Dam have remained steady at 97 per cent (pc), managing volume requirements downstream. Rainfall early in November is expected to increase inflows and reduce downstream demand which could see water levels rise. Access to unregulated flows are currently only available downstream of Torrumbarry weir, supported by unregulated inflows to the Murray from the Murrumbidgee and lower Darling Rivers. With more rain expected during November there is a high likelihood of access to unregulated flows downstream of the Hume Dam.
Prices
| Water Market | Temporary (per ML) |
|---|---|
| Murray (Below Choke) | $95.00 to $100.00 |
| Murray (Above Choke) | $75.00 to $80.00 |
| Murrumbidgee | $85.00 to $90.00 |
| Goulburn | $75.00 to $80.00 |
Source: Elders Water Trading
Allocations
| Trading region | Entitlement Type | Percentage |
|---|---|---|
| NSW Murray | High security | 100% |
| General security | 100% | |
| NSW Murrumbidgee | High security | 100% |
| General security | 100% | |
| 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 2 September to 11 November 2021
Data provided by: www.waterflow.io
Murray (above Choke) Zone average Temp Price 2 September to 11 November 2021
Data provided by: www.waterflow.io
Goulburn Zone average Temp Price 2 September to 11 November 2021
Data provided by: www.waterflow.io
Murrumbidgee Zone average Temp Price 2 September to 11 November 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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