Australia: Sugar Semi-annual
Post forecasts Australian sugar production to increase to 5.1 million MT in 2016/17 assuming that improved seasonal conditions prevail. In recent years, the sugar industry has suffered from adverse weather events such as cyclones, flooding, drought, as well as cane disease – but this year the harvest area, production and exports are all expected to increase, as cane growers respond to significantly higher world sugar prices. Yields are expected to be stable.