Browse Data and Analysis

Milk production in Australia for 2024 is estimated to increase, for the first time since 2020, by 3.3 percent to 8.75 million metric tons (MMT). Industry confidence is elevated by high milk prices for dairy farmers over recent years and, also lower feed and fertilizer prices and broadly good seasonal conditions in 2024.

Mexico’s milk, cheese, and butter production are forecast year on year growth of two percent in 2024. Dairy farmers are expected to mitigate the impacts of prolonged drought and heat conditions with previously stored forage, increased feed grain imports, and water storage mechanisms.

Mexico’s coffee production for marketing year 2024/25 is forecast at 3.89 million 60-kilogram bags. This represents a slight increase from previous years, driven by incentives to plant due to favorable coffee prices and ongoing efforts to improve coffee varieties.

Food Standards Australia New Zealand (FSANZ) has approved a Queensland University of Technology (QUT) application to permit food derived from a banana line genetically engineered (GE) for resistance to Panama disease.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.