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- (-) December 2021
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Citrus production in Australia has experienced favorable conditions after above average rainfalls in all of the major growing areas across 2020 and 2021.
Ethanol consumption in Australia is forecast to decline in 2021 at only 1.1-percent of the gasoline pool, and biodiesel use similarly is forecast to decline from already very low levels at only 0.1-percent of the total diesel pool.
Another big production year for Australian grains is forecast in marketing year (MY) 2021/22 after a strong drought-recovery year in MY 2020/21.
Australia’s sugar production is forecast to increase to 4.4 million metric tons (MMT) in marketing year (MY) 2021/22, from an estimated 4.335 MMT in MY 2020/21.
Australian oilseed production is expected to be strong again in marketing year (MY) 2021/22, continuing the recovery that started in MY 2020/21 following two years of extreme drought.
Cotton production in Australia is set to climb to 3.9 million bales in marketing year (MY) 2021/22, 50 percent higher than the estimated MY 2020/21 result and 15 percent above the previous 10-year average.