Improved seasonal forecasts: the benefits for agriculture, other sectors, and Australia’s economy

For more than 20 years, we have invested in research and development that aims to improve climate forecasts for the season ahead, particularly for the period of 2–8 weeks and 3–6 months out.

In 2014, we engaged The Centre for International Economics to estimate the value of improved seasonal forecasts for Australia’s industry sectors:

The information here is based on their analysis for the agriculture sector.

The information here is based on their analysis for 11 sectors of the economy, excluding agriculture.

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