Browse Data and Analysis

The MY 2022/23 sugar production forecast is down 23 percent from the previous estimate. Producers face a shrinking domestic market and fluctuating world prices, as well as the strain of conflict with Russia in terms of ensuring production and exports.

Russia’s invasion of Ukraine has become an ultimate test of the resilience of Ukrainian agriculture. The country’s food security depends on a variety of factors, including farmers’ ability to produce key staple foods.

Milk production in Australia in 2022 is forecast to decrease by over four percent to 8.6 million metric tons (MMT). Despite generally good production conditions for 2022, the slump in milk production is largely due farmers continuing to exit the dairy industry through farm sales and some dairy farms partially or fully transitioning to less labor-intensive beef cattle production.

Serbia is closely following the impact of the Russian-Ukrainian crisis, especially because 80 percent of Serbia’s grain exports travel to the world via Black Sea ports.