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Trade Closures
In accordance with the relevant Valley Water Sharing Plans, please note the following season close dates for water allocation trading:
- Murrumbidgee Regulated Interstate – CLOSED
- Murrumbidgee Regulated Intravalley – 1:59pm 30 June 2025
- NSW Murray and Lower Darling Regulated River Interstate – CLOSED
- All other Regulated Water, Groundwater and Unregulated Water - 11:59pm 30 June 2025
- Coleambally Irrigation – 12pm 30 June 2025
- Murray Irrigation – external trades 5:00pm 24 June 2025, internal trades 5:00pm 25 June 2025
- Murrumbidgee Irrigation – external trades 5:00pm 28 June 2025, internal trades 11:59pm 30 June 2025.
Allocations
Allocations are as follows:
| Zone | Allocation | 1 year ago | +/- per cent |
Murrumbidgee | |||
High Security | 95 pc | 100 pc | -5 pc |
General Security | 41 pc | 100 pc | - 59 pc |
NSW Murray (Zones 10 & 11) | |||
High Security | 100 pc | 100 pc | Same |
General Security | 110 pc | 110 pc | Same |
Lachlan | |||
High Security | 100 pc | 100 pc | Same |
General Security | 7 pc | 20 pc | - 13 pc |
Vic Murray (Zones 6 & 7) | |||
High Reliability | 100 pc | 100 pc | Same |
Low Reliability | 0 pc | 100 pc | - 100 pc |
SA Murray | 100 pc | 100 pc | Same |
Murrumbidgee Deep Groundwater | 100 pc | 100 pc | Same |
Lower Murray Deep Groundwater | 100 pc | 100 pc | Same |
Lower Lachlan Groundwater | 100 pc | 100 pc | Same |
Trade Restrictions
MURRUMBIDGEE/MURRAY IVT
Is currently open for both Murrumbidgee to Murray and Murray to Murrumbidgee trade, with balances as follows:
- Murray to Murrumbidgee - 7.3GL
- Murrumbidgee to Murray - 02.7GL
BARMAH CHOKE is closed.
Storages
According to the Bureau of Meterorology (BOM), storage levels are currently as follows:
| As at 9am | Current | 1 Day | 7 Days | 30 Days | 1 Year | |
| Murrumbidgee | 10 June 25 | 41.9 pc | NIL | +0.7 pc | +0.5 pc | - 28.6 pc |
| Blowering | 8 June 25 | 41.3 pc | +0.01 pc | +1.5 pc | +8.0 pc | - 28.6 pc |
| Burrinjuck | 8 June 25 | 42.8 pc | NIL | + 0.3 pc | +0.6 pc | - 28.3 pc |
| Murray | 10 June 25 | 51.5 pc | NIL | + 0.2 pc | + 2.0pc | - 27.0 pc |
| Hume | 8 June 25 | 30.1 pc | +0.3 pc | + 2.3 pc | +8.7 pc | - 32.9 pc |
| Dartmouth | 9 June 25 | 69.7 pc | - 0.1 pc | - 1.2 pc | - 5.6 pc | - 24.5 pc |
| Lachlan | 10 June 25 | 79.4 pc | NIL | + 0.1 pc | -0.1 pc | - 20.5 pc |
| Wyangala | 8 June 25 | 79.1 pc | NIL | + 0.1 pc | - 0.3 pc | - 19.1 pc |
Current Temporary Market
Indicative pricing is as follows:
| Zone | Buyers | Sellers | Last trade | Trend |
| Murrumbidgee | $240 | $240 | $240 | Down |
| NSW Murray 10 (Above Choke) | $180 | $185 | $185 | Down |
| NSW Murray 11 (Below Choke) | $235 | $235 | $235 | Down |
| Vic Murray 6 (Above Choke) | $190 | $200 | $190 | Down |
| Vic Murray 7 (Above Choke) | $265 | $255 | $255 | Down |
| SA Murray | $265 | $255 | $255 | Down |
| Lachlan | $110 | $115 | $115 | Steady |
| Murrumbidgee Deep Aquifer Zone 1 | - | - | - | |
| Murrumbidgee Deep Aquifer Zone 2 | - | - | - | |
| Murrumbidgee Deep Aquifer Zone 3 | $100 | $110 | $100 | Steady |
| Lower Murray Groundwater | $65 | $65 | $65 | Steady |
| Lower Lachlan Groundwater | $50 | $50 | $50 | Steady |
Current Forward Market
Indicative pricing is as follows, assuming a 1 November 2025 delivery date:
| Zone | Price |
|---|---|
| Murrumbidgee | $330-$350 |
| Murray Above Choke | $200-$230 |
| Murray Below Choke | $375-$390 |
Current Carryover Market
Indicative pricing is as follows, assuming Holder risk:
| Zone | Price |
|---|---|
| Murrumbidgee | $40 |
| Murray Above Choke | $20 |
| Murray Below Choke | $40 |
Current Permanent Market
Indicative pricing is as follows:
| Zone | Price per mL |
| Murrumbidgee | |
| High Security | $8,500 to $8,600 |
| General Security | $2,600 to $2,700 |
| Supplementary | $800 to $850 |
| NSW Murray Above Choke (Zone 10) | |
| High Security | $7,500 to $7,600 |
| General Security | $1,600 to $1,700 |
| NSW Murray Below Choke (Zone 11) | |
| High Security | $8,550 to $8,650 |
| General Security | $2,500 to $2,600 |
| VIC Murray Above Choke (Zone 6) | |
| High Reliability | $4,150 to $4,250 |
| Low Reliability | $1,000 to $1,150 |
| VIC Murray Below Choke (Zone 7) | |
| High Reliability | $7,200 to $7,300 |
| Low Reliability | $2,000 to $2,200 |
| SA Murray Class 3 | $7,250 to $7,350 |
| Murrumbidgee Deep Aquifer (zone dependent) | $3,800 to $4,200 |
| Lachlan (Upper & Lower) | |
| General Security | $1,700 to $1,800 |
| High Security | $4,500 to $4,550 |
| Lower Murray Deep Groundwater | $2,700 to $2,800 |
| Lower Lachlan Groundwater | $3,500 to $4,000 |
Seasonal Outlook
The Bereau Of Meteorology released an updated outlook on 5 June. In summary:
The long-range forecast for July to September shows:
- Rainfall is likely to be above average for much of Australia especially from August, except in the south-east and west.
- Warmer than average days are very likely across most of Australia, except some inland areas, with an increased chance of unusually high daytime temperatures, particularly across much of the north and south.
- Warmer than average nights are very likely across Australia, with an increased chance of unusually high overnight temperatures, particularly across northern, southern and much of eastern Australia.
Disclaimer – important, please read:
The information contained in this article is given for general information purposes only, current at the time of first publication, and does not constitute professional advice. The article has been independently created by a human author using some degree of creativity through consultation with various third-party sources. Third party information has been sourced from means which Elders consider to be reliable. However, Elders has not independently verified the information and cannot guarantee its accuracy. Links or references to third party sources are provided for convenience only and do not constitute endorsement of material by third parties or any associated product or service offering. While Elders has exercised reasonable care, skill and diligence in preparation of this article, many factors including environmental/seasonal factors and market conditions can impact its accuracy and currency. The information should not be relied upon under any circumstances and, to the extent permitted by law, Elders disclaim liability for any loss or damage arising out of any reliance upon the information contained in this article. If you would like to speak to someone for tailored advice specific to your circumstances relating to any of the matters referred to in this article, please contact Elders.
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