Spain: Forages also raise their prices due to the drought

Published 2022년 9월 14일

Tridge summary

Spain is facing a severe crisis in livestock feed due to high temperatures and drought leading to a lack of pasture. The shortage has caused a surge in the market price of fodder, with prices of alfalfa and vetch increasing by up to 70%. Ranchers are struggling with increased costs, but are compensated by rising milk and meat prices. The situation is critical, and the ranchers are waiting for the rainy season to avoid a catastrophic impact. The new Common Agricultural Policy (CAP) also adds complexity to the situation, making it uncertain for farmers and ranchers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fodder for livestock feed is also experiencing the ravages of the weather in recent months, marked by high temperatures and drought. The lack of pasture due to the lack of rainfall is causing its market to close a campaign that is weighing down livestock throughout Spain, Castilla-La Mancha and Ciudad Real. "There are beginning to be difficulties due to the lower supply from farmers," explains Rafael Díaz, a rancher from Villahermosa, who warns of the high price of straw -bales of wheat, oats or barley-, and fodder alfalfa or vetch- "before the rise of demand by Arab countries. Specifically, the prices of these by-products have increased by up to 70%, according to Díaz, from between 200 and 220 euros per ton last year, to 340 and 360 euros this year “if you find them”. According to the last session of the forage market in León, which is a benchmark, the prices of alfalfa in raw packages are at 264 euros per ton, after rising 12 euros, and that of dehydrated alfalfa has been quoted ...

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