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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....
Beneficial and widespread rainfall in early 2020 has increased prospects for a good start to the Australian grain sowing season.
Australia’s sugar production is expected to increase to 4.5 million metric tons (MMT) in marketing year (MY) 2020/21, from 4.285 MMT in MY 2019/20.
Australia’s cotton production is forecast to partially recover in 2020/21 and rise to 1.7 million bales, from a revised estimate of 625,000 bales in 2019/20.
Australian oilseed production in marketing year (MY) 2020/21 is forecast to begin to recover following years of drought-impacted crops.