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- (-) May 2016
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Australia is a comparatively small producer of milk but accounts for over five percent of international dairy trade.
Post forecasts 2016/17 production area at 1.1 million hectares, a decrease of 8 percent from Post’s area estimate of 15/16.
Australian wheat production in 2016/17 is forecast at 24 million MT, around the same level as the previous year.
Australia normally produces around four million MT of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of the total.