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For MY2022/23, initially good crop prospects after the abundant rains in April were negated by above average temperatures registered in May and June. In-country grain demand remains relatively stable, driven by the recovery of the tourism sector, despite the somewhat lower livestock products exports and the grain prices hike.
The Portuguese biofuels sector faces new challenges since 2015 as biodiesel production quotas have been phased-out and sustainability requirements have been fully enforced.
Spain’s dried fodder production forecast for MY 2015/16 is expected to reach 1.5 million MT.