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Milk production for 2024 in Australia is forecast to increase by 0.6 percent to 8.50 million metric tons (MMT) after stabilizing in 2023 at an estimated 8.45 MMT from previous years of declining production. The forecast is amid an El Niño weather pattern in late 2023, likely to continue into 2024.
The Australian federal government supports biotechnology and has committed considerable long-term funding to research and development.
Wheat and barley crops have had a great start to the season, with high soil moisture reserves and good rains in the fall. But rainfall has been well below average from July to September 2023.
Australia is a prosperous, politically and economically stable, industrialized nation. Underpinning Australia's strong economy is its open and transparent trade and investment environment...
The Australian federal government is very supportive of biotechnology and has committed considerable long-term funding to research and development.
Production of fresh oranges in 2016/17 is forecast by Post at 470,000 metric tons, slightly above the previous year. Good seasonal conditions and improved access to water irrigation in recent years...
Australia is a comparatively small producer of milk but normally accounts for around five percent of international dairy trade. In recent years, the industry has been affected by adverse seasonal...
All foods sold in Australia must comply with a range of laws designed to protect public health and safety, to ensure plant and animal pests and diseases are not introduced, and to assist consumers.
Australia is a prosperous, politically and economically stable, industrialized nation. Underpinning Australia's strong economy is its open and transparent trade and investment environment...
Australian winter crops have benefited from very favorable seasonal conditions, apart from some cases of frost and water-logging damage which are not expected to have a major impact on production...
Post forecasts Australian sugar production to increase to 5.1 million MT in 2016/17 assuming that improved seasonal conditions prevail.
The Australian beef cattle herd is expected to begin rebuilding in 2017, following record years of slaughter in response to high overseas prices and poor pasture conditions.