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Australian sugar production is forecast by Post to remain at the official estimate of five million MT in 2016/17.
In 2016/17, cotton production is expected to reach 2.5 million bales, assuming the continuation of average seasonal conditions.
The United States is the world’s largest producer of beef but it also imports more beef than any other country.
Australia is a major producer of raw materials and processed foods but imports a growing volume of food and beverages.