Browse Data and Analysis

The outlook for winter grains production in Australia has deteriorated due to particularly adverse seasonal conditions, including lower than expected spring rainfall and record temperatures.

Australian milk production is expected to rise slightly in 2016 to 9.8 million metric tonnes, due to higher milk yields and improved seasonal conditions.

Australian sugar production is projected to reach five million tonnes in 2015/16 assuming that average seasonal conditions prevail.

Citrus is one of Australia’s foremost horticultural industries and the largest exporter of fresh fruit.

The China-Australia FTA is the main news story with Australia expected to gain significant new market access into China after the agreement’s implementation in 2015.

Australian policies on agriculture are currently being reviewed by the federal government and a White Paper is set for completion in 2015 in order to provide a new policy platform for the sector.

The Australian dairy and dairy products industry is still recovering from drought and the volume of milk production is expected to be around 9.6 million metric tons in 2015.

Australian wheat production for 2014-15 is expected to fall to 24 million tons due to lower than expected rainfall and declining yields.

The Australian federal government is very supportive of biotechnology and has committed considerable long-term funding to research and development.

Drought in major cattle regions in Australia has significantly increased slaughter and production as producers bring forward turnoff, depressing domestic prices but boosting exports.

Australian sugar production is projected to grow to 4.6 million tonnes in 2014-15 with sugar cane acreage up slightly.

Australia is the world's 12th largest economy, with nominal GDP of US$1.4 trillion and one of the highest levels of per capita GDP in the world.