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Post forecast Australian wheat production at 21 million metric tons (MMT) for 2018/19, 12.5 percent below the official forecast, due to hot conditions and low rainfall in eastern Australia.
Health, wellness, and the environment continue to be key purchasing factors for Australian consumers.
Milk production is forecast at 9.5 million metric tons in 2018, up two percent from last year due to favorable seasonal conditions in southern dairy regions.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
Australia is expected to improve its global competitiveness as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Agreement is likely to reduce tariffs and provide....