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- (-) June 2023
- (-) Australia
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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.
Honduras coffee production is expected to reach 7.2 million 60-kilogram bags in marketing year 2022-23, a thirty-three percent increase from the previous year.
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.