forecasts and issues volume 12 number 1 march quarter 2005 gpo box 1563 canberra 2601 telephone 61 2 6272 2000 www abareconomics com abare is a professionally independent government economic research agency editor andrew wright project 1163 commonwealth of australia selected passages tables diagrams may be reproduced provided due acknowledgment made issn 1321 7844 australiancommodities 3australiancommodities vol no overview 5 commodity outlook to 2009 10 19 agriculture 22 grains 25 cotton 36 sugar 42 wine 48 sheep industry 58 beef veal pigs poultry 65 dairy 74 mineral energy 84 90 steel making raw materials 103 gold 119 base metals 126 seafood 143 papers presented at fisheries management tom kompas 152 climate change phil kokic anna heaney lili pechey steve crimp brian s fisher 161 structural adjustment rohan nelson lisa elliston jo anne king 171 farm fi nancial performance peter martin phantipa puangsumalee catherine tulloh rhonda treadwell 180 regulation viability alistair davidson 200 wto trade negotiations ivan