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Cotton production in Australia is set for a fourth successive year of high production in marketing year (MY) 2024/25, forecast at 5.5 million bales, which would be the third largest crop. The prospect of average rainfalls over the winter/spring period if realized would establish improved irrigation water availability for growers.
Australian beef supply is forecast to climb after the herd rebuild period ends. The marked slowdown in the growth of the national herd is expected to drive a higher female slaughter rate, increase the overall supply of cattle for slaughter, and boost live cattle and beef exports in 2024.
Australia’s food, beverage, and grocery sectors, contribute to a third of all business activity in the manufacturing landscape.
Health, wellness, and the environment continue to be key purchasing factors for Australian consumers.
Wheat and barley production in Australia is forecast to rise in MY 2019/20 as a result of expanded planting area for both of these crops, as well as improved moisture conditions....
The effects of the widespread drought in New South Wales and Victoria have had a significant impact on the dairy sector.