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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.
During the COVID-19 pandemic, the Spanish food retail and distribution sector continued to function as an essential activity in response to the crisis.
The temporary pause in the hospitality sector, tourism, and weaker export demand following the COVID-19 pandemic, has negatively impacted the Spanish poultry meat sector.
After a rather dry winter, abundant precipitations and mild temperatures prevailing since mid-March significantly improved grain crop conditions and secured record yields.
The temporary closure of hotels and restaurants in response to COVID-19 lowered domestic demand for high-end meats and slashed prices by 40 percent for meat products...
In 2019, the United States exported $1.94 billion worth of agricultural, fish and forest products to Spain.
Uruguayan wheat farmers in 2020-2021 are projected to keep planted acreage unchanged, with a similar output at 780,000 tons.
Post projects 2020/2021 Uruguayan soybean planted acres at 920,000 hectares, a decrease of 80,000 HA or 8% from 2019/2020 with total production of 2.35 million tons.
During its fourth week under lockdown, recent statistics signal that Spain may be entering the “stabilization and slowdown” phase of this pandemic.
The slowdown in economic activity, in domestic and export markets, lowered the Spanish textile industry consumption of cotton lint.
EU-27+UK chicken meat production is expected to increase slightly again in 2020 driven by both domestic and export demand.
Spain remains the largest grower of biotech corn in the European Union and a major consumer of genetically engineered soybean meal in animal feed.