Spain: Spanish Fodder Exports Break New Ceiling

Competition by other crops continues to force Spain’s fodder area down. In MY 2022/23 the dry spring is anticipated to have negatively affected yields in non-irrigated land. On the processor side, energy prices will keep forcing margins down. Exports will remain the main outlet for dried fodder production, as internal demand continues shrinking. Despite logistic challenges, Spain’s dried fodder exports in MY 2021/22 managed to break a new ceiling, amounting to 1.6 million metric tons (MT), an all-time record.