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The Australian consumer foodservice industry is valued at A$60 (US$44) billion.
Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.
Australian beef supply is forecast to begin to recover in 2022 after falling to the lowest level in decades in 2021.
Australia is a prosperous, economically stable, and industrialized nation. Underpinning Australia's strong economy is its open and transparent trade and investment environment....
Beneficial and widespread rainfall in early 2020 has increased prospects for a good start to the Australian grain sowing season.
Australia’s sugar production is expected to increase to 4.5 million metric tons (MMT) in marketing year (MY) 2020/21, from 4.285 MMT in MY 2019/20.
Australia’s cotton production is forecast to partially recover in 2020/21 and rise to 1.7 million bales, from a revised estimate of 625,000 bales in 2019/20.
Australian oilseed production in marketing year (MY) 2020/21 is forecast to begin to recover following years of drought-impacted crops.