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Favorable weather conditions have allowed a second consecutive sizeable winter grains crop in Spain.
With nearly 1.3 million metric tons (MT) of exports in MY2020/21, Spain hit an all-time record in fodder exports.
Post anticipates a larger supply for MY2020/21, as a wet spring boosted fodder yields in non-irrigated land. Spanish fodder continues consolidating its presence in Asian markets.
After a rather dry winter, abundant precipitations and mild temperatures prevailing since mid-March significantly improved grain crop conditions and secured record yields.
Spain remains the largest grower of biotech corn in the European Union and a major consumer of genetically engineered soybean meal in animal feed.
At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....
Dry conditions prevailing since last fall and throughout the entire crop cycle reduced Spanish fodder production for MY2019/20, despite a larger registered area.
The unprecedented heatwave in June across much of the European Union attracted attention to the outlook for the MY2019/20 EU28 grain crop.
After a rather dry winter, April rains initially improved yield projections for Northern grain regions.
Abundant spring precipitation delayed Spanish fodder harvesting operations and negatively affected the quality of the first cut.
Dry weather conditions throughout the winter and mild winter and spring temperatures, along with abundant spring precipitation have delayed grain crop development in Spain.
In Fiscal Year (FY) 2017, Spain imported $1.7 billion worth of agricultural, fish and forest products from the United States.