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Australian wheat production is forecast at 20 million metric tons (MMT) for 2019/20 while barley production is forecast at 8 MMT, with some growers likely to switch to other crops, such as wheat.
Australia is a prosperous, politically and economically stable, industrialized nation. Underpinning Australia's strong economy is its open and transparent trade and investment environment...
Australian winter crops have benefited from very favorable seasonal conditions, apart from some cases of frost and water-logging damage which are not expected to have a major impact on production...
Post forecasts Australian sugar production to increase to 5.1 million MT in 2016/17 assuming that improved seasonal conditions prevail.