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A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.
Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade.
Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.
After four successive years of big cotton crop production in Australia, the forecast for marketing year (MY) 2025/26 falls to 4.1 million bales, 13 percent above the previous 10-year average.
Post forecasts Australian 2018/2019 wheat production at 18 million metric tons (MMT) as hot conditions and low rainfall prevail in eastern Australia. Barley production is forecast to decline....
Milk production is forecast at 9.5 million metric tons in 2019, down 1.6 percent from last year due to unfavorable seasonal conditions in dairy producing regions.
Australia’s commercial foodservice sector (i.e., full-service restaurants, fast food outlets, caterers, etc.) is a competitive market and with an ageing population, the institutional foodservice....
Australian sugar cane production is forecast to be stable at 34 million metric tons (MMT) in 2018/19, similar to last year.