If you require agronomic or farm management advice
Ross Watson Agriculture P/L
Scone.NSW. Australia. 2337.
Phone: (61) 2 6545 0128
Mobile: 0428 658 704
I have not liked the look of the pattern of this drought since last year. We all know this is one of our worst droughts on record! As of today we about 360 mm below our long term average rainfall for the August to August period! That is less than half the long term average rainfall. But really we have had NO effective or REAL rainfall over the last 12 months. That's why we are all up "SHIP CREEK"! The following table shows you what piddling small amounts of rain we have recorded on the rain events recorded. I have looked over the daily rainfall records for Scone over the last 12 months and classed the rain events by amounts. We have not had one day with more than 25 mm in the last 12 months. All the rain days have done nothing and contributed nothing. In my book we have had NO RAIN for 12 months and more. I am sure every producers all over the countryside can tell the same story. This why this drought is so bad and unfortunately it is not over yet! ... See more
The last 15 months in Upper Hunter is one of the driest periods on record. Severe drought grips much of Australia now. Clear blue skies everyday and no indications of any significant change in this relentless drought is a major concern. Full drought rations of 80% grain and 20% roughage have been progressively introduced to this herd of Angus cows to keep them strong and fit to calve very soon. Most beef herds are set up for traditional spring calving (Aug to Oct) . The spring season is critical to this production system. If there is no major rain and pasture growth soon, the ongoing cost and feeding program of this herd will need to be reviewed, given the much higher energy and protein feed requirements of cows with young calves at foot. ... See more
Scone in the Upper Hunter region of NSW, like many areas in NSW is now experiencing its driest April to June 14 month period on record. April 2017 to June 2018, has followed exactly the same low monthly rainfall pattern for this period as past record breaking droughts, as highlighted in previous posts. It is unfortunately still sticking to this trend. Many clients and Facebook followers have been asking, "so what happened in the months after June in those years" ? See my graph here. Typically, they were low winter rainfall months with average to above average spring-summer rainfall months ! This is a better outlook than the BOM has announced this week .
But the multi- million $$ question is "how will the next 6 months treat us ? Hoping for better times ahead. ... See more
Producers forced to sell stock in this drought can elect to spread or defer their higher than normal taxable income from these sales. The proceeds from forced sales due to drought can be spread over 5 years or can be deferred for 5 years to help reduced their tax situation. There are similar relief for double wool clips in a single year or assessable insurance recoveries. The ATO also has special payment provision for drought affected producers where it will result in additional hardship. Producers are advised to discuss these matters, with their accountant , tax advisers or the ATO advice line, as we come to the end of this financial or "non" financial year !!! ... See more