Abstract
The US Dept of Agriculture reports that the Australian farmers are experiencing costly crop losses. For example, the yield of wheat in 2000 is reported to be 22% lower than in 1999. The decrease is due to dry conditions in West Australia and Queensland and extensive flooding in northern New South Wales (NSW). The crop losses cost farmers an estimated A$500 million to 600 million. The NSW Minister of Agriculture reportedly said that the situation was one of the worst disasters in Australian agricultural history. The summer planting season began when the flooding started, causing concern from government and industry. Reuters; www.fas.usda.gov/gainfiles/200011/60678946.pdf.
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