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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.
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.
Vietnam’s food retail market consisted of over 665,000 outlets generating sale revenue of $55 billion in 2023, up four percent compared to 2022. Although the global economic downturn has slowed growth, key retailers remain optimistic about the potential of Vietnam's retail market.
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.