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Australia and the United Arab Emirates announced that negotiations on a new trade agreement, the Australia-United Arab Emirates Comprehensive Economic Partnership Agreement, have concluded.

Australia is experiencing a cost-of-living crisis due to rising inflation. Consumer behavior and societal trends are driving shifts in shopping habits. Meanwhile, sustainability, waste reduction, food integrity, and healthy eating are key factors influencing product choices.

In 2024, Australian beef supply has surged and is projected to reach the second-highest production level on record in 2025. This anticipated expansion follows a major turning point in 2024, with production estimated to increase by 14 percent from 2023 and 34 percent from the 2022 low.

2022 saw the start of the post-pandemic recovery for the hospitality industry in Australia.

Stone fruit production in Australia is forecast to increase in marketing year (MY) 2023/24, following two successive seasons affected by unseasonably wet weather, labor shortages at harvest, logistics challenges, and very high costs due to the COVID-19 pandemic.

FAS/Canberra’s sugar cane production estimate for Australia is revised downward for marketing year (MY) 2023/24 to 31.0 million metric tons (MMT). A very late finish to the MY 2023/24 harvest combined with a bigger-than-usual tropical wet season has...

Australian beef supply is forecast to recover in 2024 to the point of reaching the sixth highest production on record.