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Australian winter crop production is forecast to decline significantly in 2017/18 due to less favorable seasonal conditions and in response to low world prices.
Post forecasts Australian sugar production to decline to 4.8 million MT in 2017/18 after a tropical cyclone hit northern Queensland in late March 2017.
In 2016/17, cotton production is expected to reach 2.5 million bales, assuming the continuation of average seasonal conditions.
Australian cattle numbers are forecast to rebound in 2017 to 28.8 million head due to an improved seasonal outlook and herd rebuilding.
Australian winter crops benefited from very favorable seasonal conditions, which boosted both production and yields.