Australia: Dairy and Products Annual
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Milk production in 2020 in Australia has experienced a dramatic turnaround as a result of drought-breaking rains and an excellent pasture and crop growing season in eastern Australia. The impacts of this turnaround are expected to flow into 2021, with forecast milk production at 9.4 million metric tons (MMT), over a two percent increase above the 2020 estimate of 9.2 MMT and a four percent increase over the 2019 drought-impacted result of 8.83 MMT. With increased milk production, the manufacturing industry is expected to continue to prioritize cheese production over other manufactured products. As a result, cheese is anticipated to see the largest expansion in production, with exports subsequently expected to rise.