Australian commodities expected to fall

THE Australian Bureau of Agricultural and Resource Economics (Abare) expects agricultural commodity prices to fall by nearly 7% this year and by 4% in 2000.

It forecasts declines in grains, oil-seeds, sugar and wool to more than offset increases in the value of wine, cotton, dairy products and beef and veal.

• FWis Australian coverage on @gWorldwide
• World reports on FWi
• Commodity prices to stay depressed, FWi, 15 July, 1998
• Australian commodities face reduced demand, FWi, 28 January, 1998
• Financial Times 17/03/99 page 36