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Post expects livestock numbers and beef production to continue their decrease through 2025. Beef production efficiency remains low, with the majority of beef derived from dairy and dual-purpose animals.
Australia’s table grape production is forecast to increase to 230,000 metric tons (MT) in marketing year (MY) 2024/25, the second largest on record, from an estimated 195,000 MT in MY 2023/24.
FAS and the Economic Research Service jointly publish the quarterly Outlook for U.S. Agricultural Trade in February, May, August, and November. Archived quarterly forecasts can be found here.