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Post forecast Australian wheat production at 17 million metric tons (MMT) for 2018/19 due to hot conditions and low rainfall in eastern Australia.
In 2014, drought in major northern cattle regions significantly increased turnoff and reduced the size of the cattle herd.
Australia is one of the world’s leading wine producers and exporters. Production for the 2015 wine vintage is forecast to rise to 1.6 million tons of grapes.