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The drought in Andalucía is anticipated to prevent further expansion of Spain’s cotton area in MY 2023/24. Irrigation water allocation will be critical for farmer’s planting decisions, and temperatures and pest incidence during the summer months will also determine final yields.
In 2022, Spain imported $2.1 billion worth of agricultural, seafood and forest products from the United States, up 27 percent compared to the previous year. After high rates of consumer price inflation in 2022, the latest European Union economic forecast shows Spain’s economic growth forecast at 1.4 percent in 2023 and 2.0 percent in 2024.
Similar to other countries in the region, Spain is ending 2020 fighting to control the second wave of the COVID-19 pandemic.
Spain remains the largest grower of genetically engineered (GE) corn in the European Union and a major consumer of GE corn and soybean products for animal feed.
The Spanish dairy sector continues to improve its efficiency by increasing milk deliveries and milk per cow ratio.
Post anticipates a fifteen percent decline in Spanish cotton production for MY2020/21.
The temporary closure of hotels and restaurants in response to COVID-19 lowered domestic demand for high-end meats and slashed prices for meat products such as suckling piglets, Iberico products...
The impact of the COVID-19 health crisis on the Spanish Hotel, Restaurant and Institutional (HRI) sector has been nothing short of devastating.
Consumption mandates and fossil fuel demand continue to define the size of the Spanish biofuels market.
During the first quarter of 2020, Spanish data shows a significant drop in wine sales to the domestic and international markets.
In 2019, the U.S. exported $1.9 billion in agricultural, seafood and forest products to Spain.
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.