Browse Data and Analysis

Australia is the world’s second-largest producer and exporter of almonds, behind only the United States, and the industry continues to grow.

Australia is a prosperous, industrialized nation with a stable economy that fosters an open and transparent trade and investment environment.

Australia’s milk production in 2025 is estimated to decline to 8.6 million metric tons (MMT), following a significant 2.3 percent increase in 2024. The growth experienced in 2024 has stalled, primarily due to very dry conditions across southwest Victoria and South Australia.

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

This report includes technical requirements and export certificates for the export of food and agricultural products to Argentina. It complements the Food and Agricultural Import Regulations and Standards Annual Country 2023 Report.

On May 20, 2025, the Argentine Government extended lower export tax on wheat and barley of 9.5 percent through March 2026. All the other commodities will return to their higher previous levels on July 1, 2025.

This report includes technical requirements and export certificates for the export of food and agricultural products to Argentina. It complements the Food and Agricultural Import Regulations and Standards Annual Country 2024 Report.

Despite an anticipated increase in sugarcane production, Argentina’s sugar exports for marketing year (MY) 2025/26 are forecast to decline to 515,000 metric tons (raw value), driven by significantly lower beginning stocks and more favorable returns from ethanol production under the domestic biofuels blend mandate.

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.

Corn leads the charge with exports forecast at 37 million tons, the third highest in history as farmers return in force following the MY2023/24 corn stunt or chicharrita setback.

Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade.

Argentina’s oilseed sector enters marketing year (MY) 2025/2026 with diverging trajectories across key crops. Soybean area is forecast to contract by nearly one million hectares as producers revert to traditional corn rotations following a soy-heavy year driven by pest concerns.