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Post forecast Australian wheat production at 21 million metric tons (MMT) for 2018/19, 12.5 percent below the official forecast, due to hot conditions and low rainfall in eastern Australia.
Health, wellness, and the environment continue to be key purchasing factors for Australian consumers.
Young, urban consumers in emerging markets with rising disposable incomes helped propel global imports of confectionery products to $21 billion in calendar year 2013.