Browse Data and Analysis

Good conditions at planting and during the early growth phase for wheat and barley production have prevailed for marketing year (MY) 2023/24. However, after a record setting winter crop in MY 2022/23, Australia is expected to produce a strong but more subdued grain crop in MY 2023/24.

FAS Lima forecasts Peruvian mandarin/tangerine production at 550,000 metric tons (MT), with exports expected to reach 222,000 MT for marketing year (MY) 2022/23 (March 2023 to February 2024).

Although Australia is experiencing rising inflation, supermarket and grocery store incomes are benefitting by largely passing the price increases on to customers. Profit margins in supermarkets and grocery stores rose by 4.2 percent in 2022.