Australia Agribusiness Monthly & Covid-19 Update November 2020
Here are the main highlights for some of Australia’s key commodities. The full report provides an overview of the developments to watch in the upcoming weeks.
Highlights
- Infections are falling and retail sales are rising in most key markets for Australian F&A
- APW prices are expected to remain near five-year averages during harvest, and likely above during 1H 2021
- Milk production across the main exporting regions is in expansion mode
- Records and rises for beef, the cattle market stays strong
- Sheep meat prices are heading back down again, with supplies coming on to the market