H2OX outline their latest water report 

Allocation prices have subsided during November due to several factors.

On 22 November the Murrumbidgee IVT opened allowing 14.4GL to move into the Murray. A further 5GL went through on 26 November. At the time of opening, Murray allocation prices were roughly $200 more than the Murrumbidgee – a worthwhile arbitrage if you could negotiate the IVT lodgement process. There was approximately 42GL of allocation remaining in the IVT queue. With so much demand to move water into the Murray, it will be interesting to see how allocation prices in the Murrumbidgee react, especially as we see prices come off in the Murray.

The Federal government announced 100GL will be made available to “fodder” growers. The SA Government has agreed to run their desalination plant which will provide water to Adelaide which in turn frees up SA allocation being held in Hume Dam to be distributed to irrigators. There are many questions about the program; Who can get access to the water? What constituents “fodder”? How much can be accessed? How will the water be distributed? How will it be policed? How will it affect IVT’s and the Barmah Choke? Guidelines are expected in December.