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- (-) May 2022
- (-) February 2019
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Milk production in Australia in 2022 is forecast to decrease by over four percent to 8.6 million metric tons (MMT). Despite generally good production conditions for 2022, the slump in milk production is largely due farmers continuing to exit the dairy industry through farm sales and some dairy farms partially or fully transitioning to less labor-intensive beef cattle production.
Post forecast Australian wheat production at 17 million metric tons (MMT) for 2018/19 due to hot conditions and low rainfall in eastern Australia.