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Australia is a prosperous, economically stable, and industrialized nation. Underpinning Australia's strong economy is its open and transparent trade and investment environment....
Health, wellness and the environment continue to be major focuses among Australian consumers.
Fresh orange production is estimated at 480,000 metric tons (MT) in 2017/18.
The Australian federal government is very supportive of biotechnology and has committed considerable long-term funding to research and development.
The Australian dairy industry is recovering from a period of significant disruption with a spike in exits from the industry.
Post has further lowered its estimate for Australian wheat production to 20 million MT for 2017/18, due to continuing adverse seasonal conditions across most cropping areas.
Post forecasts the Australian sugar cane crush for 2017/18 at 34 million MT, up 6 percent on the official forecast.
Uncertain seasonal conditions for Australia are expected to slow cattle herd rebuilding.
The Australian biofuel industry and market remain small because mandates do not cover the entire country and remain modest compared to other countries with biofuel programs, and tax relief....
Post forecasts Australian cherry production to rebound to 16,000 metric tons in 2017/18, after adverse seasonal conditions sharply reduced output to 10,000 MT in 2016/17.
Post has lowered its estimate for Australian wheat production to 22 million MT for 2017/18, due to expectantly poor seasonal conditions across almost all cropping areas.
Post forecasts milk production at 9.1 million MT in 2017. This represents a decrease of 2.7 percent on actual milk production of 9.35 million MT in 2016.