Cyclone Debbie update

RFM is pleased to advise that there has been no reported material damage to RFF assets as a result of Cyclone Debbie which impacted Queensland on 28 March.  The heavy rains which followed the cyclone have resulted in some minor interruptions to the operations of RFF lessees.

Since 28 March, RFF’s cotton property located at Emerald in Central Queensland, Lynora Downs, received 92 millimetres. The lessee was able to bring forward their harvest of early planted cotton in order to avoid damage to mature cotton plants.

RFF’s macadamia plantations located at Bundaberg received 169 millimetres with approximately 50 trees being damaged or lost as a result.  This small amount of damage will not impact on forecast yields, however harvest will be delayed by approximately two weeks, with the heavy rain following wet conditions experienced throughout March.

RFF’s cattle property located at Rolleston in Central Queensland, Rewan, received 79 millimetres. The rain did not cause any interruptions to operations.  The cattle properties situated near the Gulf of Carpentaria, Mutton Hole and Oakland Park, did not receive any rain associated with the weather event.