Australia Agribusiness Monthly & Covid-19 Update November 2020
October 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
