Forecasters are pointing the finger at Indian Ocean temperature anomalies as the driving force behind excessive rainfall across eastern Australia.
Farmers are becoming increasingly concerned with the non-stop rain, with large areas having one of the wettest starts to spring on record.
The weather is being attributed to variations caused by the strongest negative Indian Ocean Dipole in the past 50 years. For some farmers in NSW and Victoria, the big wet comes at a substantial cost, with crops washed out and damage to roads, fences and infrastructure.
New season wheat prices were steady to higher last week, with the largest gains for higher protein grades.
New season APW multi grade bids were down $4 at $230 in Melbourne and Geelong, but H2 was unchanged at $240 last week.
