Browse Data and Analysis

Australia's 2025 Federal Budget allocates significant funds to support and grow the agriculture, fisheries, and forestry sectors, with measures focused on climate resilience, trade, and food security, including funding for drought preparedness, emissions reduction, and market access.

Australian beef production and exports are forecast to reach record levels in 2025, building on the record export results achieved in 2024. This situation is similar to 2014 and 2015, when strong U.S. demand was driven by herd rebuilding leading to similar peaks in beef production and exports for Australia.

A major driver of Australia's manufacturing sector is its food, beverage, and grocery industries, which account for a third of all activity. Recent growth has been strong, with an 11% increase in turnover to US$107 billion in 2022-23.

Australian winter crop production is forecast to decline significantly in 2017/18 due to less favorable seasonal conditions and in response to low world prices.

Post forecasts Australian sugar production to decline to 4.8 million MT in 2017/18 after a tropical cyclone hit northern Queensland in late March 2017.

In 2016/17, cotton production is expected to reach 2.5 million bales, assuming the continuation of average seasonal conditions.