Spain: Spanish Dried Fodder Exports to China hit Record Levels

Dry conditions prevailing since last fall and throughout the entire crop cycle reduced Spanish fodder production for MY2019/20, despite a larger registered area. Traditionally, Spain has been the largest fodder supplier to the Middle East and the United States has dominated exports to Asian Markets. However, in MY2018/19 the Spanish fodder industry quickly reacted to China’s levies on U.S. alfalfa and consolidated its presence in the Chinese market, hitting record exports. Given Spain’s lower fodder output MY2019/20, additional export growth to Asian markets (primarily to China) will likely reduce Spanish fodder shipments to the Middle East. 

Spain: Spanish Dried Fodder Exports to China hit Record Levels