Australia: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   AS2024-0008

Contact:

Office of Agricultural Affairs, Canberra   |   (011-61-2) 6214 5854

Link to report:

Australia: Oilseeds and Products Annual
Australian oilseed production, dominated by canola, is expected to be strong for the fourth successive season during the marketing year (MY) 2024/25. If realized, canola production of 6.5 million metric tons (MMT) would be 14 percent above the previous year’s estimate and the third largest on record. The growth is mainly due to canola’s more favorable price expectations than wheat and barley. Canola exports are forecast to rise by 16 percent to 5.1 MMT, after a small growth in the forecast crush volume at 1.2 MMT. Canola oil exports are forecast to grow by 21 percent to 230,000 metric tons (MT) in MY 2024/25 and would be the highest on record. Olive oil production is forecast to rise to 25,000 MT, mainly because of a natural biennial effect on yield. Cottonseed production is forecast to achieve a fourth successive high level of production and rise by 10 percent to 1.38 MMT in MY 2024/25. Cottonseed exports are forecast to increase by nine percent to 600,000 MT.
East Asia and the Pacific, Australia
Oilseeds, Oilseeds (excl. soybean)

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Hong Kong: The Hong Kong Wonton - Volume 4 Issue 12

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Consul General Greg May and ATO Hong Kong Open the USA Pavilion and Welcome U.S. Exhibitors at Asia Fruit Logistica 2024; The U.S. Dairy Export Council Showcases the Diversity of U.S. Cheese to Hong Kong Buyers...
Attaché Report (GAIN)

Venezuela: Livestock and Products Annual

Since 2014, Venezuela’s total meat consumption has declined 57 percent due to prolonged economic downfall. Nevertheless, since 2019, an improved economic environment has led to stabilized beef production and significant growth in the poultry sector. In 2024, total per capita meat consumption is forecast to be 32.4 kilograms, growing 83 percent from its 2018 record low.
Attaché Report (GAIN)

Thailand: Sugar Semi-annual

FAS/Bangkok (Post) forecasts MY 2024/25 sugar production to increase to 10.2 MMT. MY 2023/24 sugar exports are likely to decline 26 percent due to competition from Brazil. Post expects sugar exports to double in MY 2024/25 from MY 2023/24 in anticipation of tight exportable sugar supplies in the major exporting countries.