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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.
Australia is set for a second consecutive bumper grain crop following two years of drought. For wheat and barley, during the fall planting period and winter and early spring growing period, rainfall has overall been very good across the growing...
FAS/Canberra’s sugar cane production estimate for Australia is revised down slightly for marketing year (MY) 2021/22 to 31 million metric tons (MMT).
Australia’s table grape production is expected to increase to 210,000 MT in marketing year (MY) 2021/22, from an estimated 200,000 metric tons (MT) in MY 2020/21.