Check out the Elders water market update for the week beginning March 20.
Opportunities of the week
BUYER of 500-1000ML of Murrumbidgee carryover space at $120 per megalitre, with risk of spill falling to the licence holder.
SELLERS of Murrumbidgee temporary at $10 per megalitre. Various parcel sizes available.
2023/24 Outlooks
The NSW Department of Industry and Environment released updated 2023/24 season outlooks for the Murrumbidgee and Murray Darling systems on 15 March. Full statements can be viewed by clicking on the following links, but in short, outlooks for opening allocations are as follows:
Murrumbidgee
95 per cent allocation for high security entitlements
5pc allocation for general security entitlements
100pc allocation for towns, domestic and stock access licences
Full allocations for supplementary (including Lowbidgee) access licences
Full general security carryover (estimated to be around 30pc) is expected to be available
NSW Murray
97pc allocation for high security entitlements
30pc allocation for general security entitlements
100pc allocation for towns, domestic and stock access licences
Full allocations for supplementary access licences
Full general security carryover (estimated to be around 50pc) is expected to be available
NSW Lower Darling
100pc allocation for high security entitlements
100pc allocation for general security entitlements
100pc allocation for towns, domestic and stock access licences
Full allocations for supplementary access licences
Carryover in accounts will be replaced by full allocations on 1 July 2023
It is important to note that these estimates are indicative improvements only and are not guaranteed allocations. Estimates are likely to change based on weather conditions, water user behaviour, water management decisions and other events. This means water users should use this information with caution and at their own risk, particularly as it projects many months ahead. Nevertheless, it aims to help water users with their end of year water management decisions.
Allocations
Current allocations are as follows:
In addition, various enhancements/member benefits have been announced for Irrigation Authority customers. Please contact your Water Authority for terms, conditions and further details.
Supplementary Events
There are some areas where supplementary flows remain active, details of which can be found by clicking the following links:
NSW Murray and Darling Regulated River
