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The World Agricultural Outlook as Seen from
OUTLOOK FOR THE AUSTRALIAN AGRICULTURAL ECONOMY
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adjustment Agreement Agricultural Economics areas Australian Australian Wheat Board Australian Wine average beef and veal butter casein cattle changes cheese citrus CM CM coarse grain commodities competition consumer consumption continue costs cotton crop dairy products decline demand despite developing countries domestic market dried vine fruit estimated expand expected export markets factors farm income farmers feed grain forecast free market grapes growers growth higher imports improved increase International Wheat Council Japan Japanese juice lamb long term maize major man-made fibre market prices meat milk production million tonnes negotiated OECD oilseed outlook output policies prospects quotas recent reduced relatively remain result returns rise rural sector sheep significant situation slaughterings slightly South Australia soybeans stocks substantial sugar supplies synthetic fibre Table textile trade trend USSR Western Australia wine wool world market Zealand