The Bureau of Meteorology says no more rain is expected in Alice Springs this week.
A storm over the weekend caused localised flooding, with strong winds bringing down trees across the town.
About 13 millimetres of rain was recorded in Alice Springs but some areas around the town received up to 60mm.
The bureau's Mark Kersemakers says conditions will return to hot and dry by the end of the week, with little chance of rain.
"Very unlikely, unless you're out the west," he said.
"Up in the Barkly there's still a bit around the western Barkly but generally clearing up over the next day or so actually, the south-easterly's are coming in and detract everything back to the west."
© ABC 2012
15:19 EST Editor's note: This story has been updated to clarify that the higher prices predicted by livestock agent Kevin Currie would be paid for dressed weight and not live weight bullocks, as was suggested in the original story.