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- (-) March 2020
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Australia has proven to be an appealing and profitable market for U.S. companies for many years.
Australia’s beef production and exports are forecast to drop sharply in 2020 as the industry enters a period of herd rebuilding.
The Australian dairy industry is recovering from a period of significant disruption with a spike in exits from the industry.
Post has further lowered its estimate for Australian wheat production to 20 million MT for 2017/18, due to continuing adverse seasonal conditions across most cropping areas.
Post forecasts the Australian sugar cane crush for 2017/18 at 34 million MT, up 6 percent on the official forecast.