Australia: Sugar Semi-annual
Australian sugar production is projected to reach five million tonnes in 2015/16 assuming that average seasonal conditions prevail. In recent years, the sugar industry has suffered from adverse weather events such as cyclones, flooding and drought but this year the harvest area, production and sugar yields are all expected to increase. However, average returns are expected to fall as a result of the expected lower world sugar price. Overseas market access for the industry has been increased by free trade agreements with Japan and South Korea.
