Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Spanish drought could drive higher grain imports.
May 04, 2023
Unseasonal heat and drought in Spain have driven concern about this year's crop production and a potential increased need for imports, at a time when there is also growing concern about the Ukrainian grain corridor.
The April EU Monitoring Agricultural Resources report (MARS) said no meaningful rainfall had occurred in Spain's main cropland area since January.
Soil moisture is now critically low for winter crops and spring barley with negative impacts on growth and development, the Mars report said.
'The drought is already suffocating 60% of the Spanish countryside and has caused irreversible losses to more than 3.5 million ha of non-irrigated cereal crops,' the Spanish agricultural union COAG warned last week.
'Weather is dry and untypically hot in Spain, we might see a really bad crop this year,' a Europe-based broker meanwhile told Agricensus.
The European Commission April crop forecasts call for soft wheat production in Spain to fall to 4,952,000 mt in 2023 from 5,388,000 mt in 2022, itself a sharp fall from 7,455,000 mt in 2021.
There has also been concern that production of other crops could be affected.
MARS already warned of 'an impact on areas and type of spring sowing in the southern provinces of Spain, where maize and rice will partly be replaced by sunflowers and other water stress resistant crops and part of the land might not be sown at all.'
The Spanish government has requested that farmers get support from the crisis reserve fund of the EU’s Common Agricultural Policy (CAP) because of the exceptional circumstances.
Trade expects increased imports
Trade sources have suggested that lower production may cause an increase in feed grain imports, including those from Ukraine, but also from Brazil which is expecting a large corn harvest.
'Spain experienced a dramatic drought that sharply reduced grain crops, increasing the country’s grain shortfall,' the US Department of Agriculture’s Grain and Feed Annual noted, adding that this, in turn, drove Ukrainian imports.
Fastmarkets data shows that in 2022 Ukrainian wheat exports to Spain grew 627% to 1,154,273 mt from 158,681 mt in 2021.
The USDA also said Spain had benefitted from the implementation of the Black Sea grain corridor, which came in time to help it during last year’s drought.
Spain has been the second biggest beneficiary of the grain corridor after China, with official data showing it has imported 5.1 million mt of products under the corridor since it opened last August, of which 1.9 million mt was wheat.
Trade sources have expressed their concern to Agricensus about the current uncertainty around the grain corridor in the Black Sea, with Spanish buyers looking to Ukraine as a backup in the likely event that Spanish production is again affected by drought.
agricensus.com
Archive