Cereals in Spain, market and prospects

Published 2024년 11월 5일

Tridge summary

The article provides an overview of the global significance and history of cereal cultivation, highlighting the role of the Common Agricultural Policy in supporting the sector. It notes that Spain, with over 6 million hectares dedicated to cereals, has seen a decline in cereal cultivation area, excluding rice, but anticipates a rise in the cultivation of woody crops due to the changing climate. Despite Spain's status as a net importer of cereals, with a growing reliance on the EU for imports, efforts towards professionalizing cereal farms and improving yield efficiency are expected to result in a significant production increase. Globally, cereal trade is set to reach impressive volumes, with world production expected to hit a record 2,847 million tons in the 2023/2024 campaign, led by a surge in corn production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cereals, found all over the world, are the basis of most diets in every corner of the planet, as they adapt very easily to all types of soil and climate. Their “domestication” and cultivation have been key to the development of different civilizations since about 14,000 years ago, when they began to be planted in the Near East. They are characterized by their morphological structure consisting of a spike or panicle that provides grains or seeds that are used for food, both human and animal, and even for obtaining bioethanol. Since its inception, the Common Agricultural Policy (CAP) has primarily focused on cereals, highlighting measures such as export subsidies, support for private storage or public purchases - at so-called intervention prices -, later with so-called coupled aid and, currently, with aid completely dissociated from production (basic income aid and eco-regimes). Cereals are the first subsector of herbaceous crops in Spain, occupying, as a whole, an average of more ...
Source: Qcom.es

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.