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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.
Post revised its marketing year 2020/2021 (MY20/21) estimates of rice harvested area and production at 3,265 thousand hectares (THA) and 9.48 million metric tons (MMT), lower than the USDA official numbers. Post forecasts that MY21/22 harvested area...
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.