Analysis of 2018 drought: 26 October 2018
by
 
HATFIELD-DODDS Steve

Title
Analysis of 2018 drought: 26 October 2018

Series
ABARES Insights

Series Issue
Issue 2, 2018

Publication Date
26/10/2018

Description
Overview This brief is based on a presentation by ABARES' Executive Director to the National Drought Summit in October 2018, describing the effects of the current drought on Australian agriculture. The brief summarises the extent of rainfall deficiencies and the effects on crop production, livestock markets and farm incomes. Key findings are: * Current drought conditions are severe in some regions, but cover a smaller area than the 2002-03 drought * Crop production in eastern Australia is expected to be significantly below-average, and national crop is expected to be to below average. * Livestock slaughter rates remain below or similar to previous drought events, and livestock prices remain relatively high. * Farm incomes in 2018-19 are expected to be higher than in previous droughts, reflecting higher livestock prices, improved farm productivity and growth in farm size. * Impacts of drought will differ across industries and regions, and some farms will have negative income. Key Issues 2018 drought, crop and livestock production, farm incomes.

Resource URL Description
0 : Analysis of 2018 drought: 26 October 2018. Link to the ABARES website - HTML
 
1 : Analysis of 2018 drought: 26 October 2018 - PDF [0.7 MB]

Resource URL
1027082

Publisher
ABARES : Australian Bureau of Agricultural and Resource Economics and Sciences : Department of Agriculture

Author
HATFIELD-DODDS Steve
 
HUGHES Neal
 
CAMERON Andrew
 
MILLER Matthew
 
JACKSON Tom

Right Management
Use constraints: copyright
 
Other constraints: Licence type:Copyright
 
Other constraints: All material in this publication is licensed under a Creative Commons Attribution 4.0 International Licence except content supplied by third parties, logos and the Commonwealth Coat of Arms
 
Other constraints: This publication (and any material sourced from it) should be attributed as: Hatfield-Dodds S, Hughes N, Cameron A, Miller M, Jackson T, 2018, Analysis of the 2018 drought: 26 October 2018, ABARES, Canberra, October. CC By 4.0 https://doi.org/10.25814/5bceb32574707

Identifier
ISBN 978-1-74323-405-1
 
ISSN 2209-9123
 
DOI https://doi.org/10.25814/5bceb32574707

Asset Name
pb_aiaod9aa__20181026