Australia: Sugar Annual
Australian sugar production is forecast by Post to remain at the official estimate of five million MT in 2016/17. Comparatively favorable seasonal conditions have allowed a gradual expansion in the sugarcane area, expected production and sugar yields. However, there is uncertainty over forecasts of production and exports because of a continuing dispute between cane growers and the milling industry, which is leading to contract delays. Further, in some regions the spread of yellow canopy syndrome may affect cane production. Sugar exports are expected to reach 3.9 million MT in 2016/17 as trade agreements with Japan and South Korea have increased overseas market access for the industry.