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- (-) November 2021
- (-) April 2019
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The Australian federal government is supportive of biotechnology and has committed considerable long-term funding to research and development.
Milk production in 2022 in Australia is forecast to increase moderately to 9.1 million metric tons (MMT) after a falling in 2021 to an estimated 9.0 MMT, a one percent decline from 2020.
Australia is a prosperous and industrialized nation with a stable economy. Underpinning Australia's strong economy is its open and transparent trade and investment environment, and trade and economic links with emerging economies, particularly in Asia.
Australian cotton production is forecast at 2.2 million bales for 2019/20.
Australia has proven to be an appealing and profitable market for U.S. companies for many years.
Post forecasts 2019/20 canola production to rebound to 3.7 million metric tons (MMT).
Australian sugar cane production is forecast to be stable at 34 million metric tons (MMT) in 2019/20.