Spain: Drought and rising costs will mark the new agricultural year

Published Nov 18, 2021

Tridge summary

The article provides an overview of the 2020/2021 harvest results and the outlook for the 2021/2022 agricultural year in Granada, Spain. Despite average productions in olive oil and almonds, the sector faced significant challenges, including significant almond production losses, reduced cereal harvest, and falling vegetable prices. The new olive harvesting campaign is expected to have a decreased production, and drought and high production costs are expected to further affect profitability. Additionally, the sector faces other threats such as suspension of irrigation, meat and dairy price crises, potential labor reforms, and concerns about the implementation of the Food Chain Law.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Broadly speaking, our farmers and ranchers were able to carry out the 2020/2021 harvests with average productions in olive oil (126,000 tons) and almonds (11,000 tons), which began to rebound in price at the beginning of the year. However, 60% of almond production was lost in the northern zone, Baza and Huéscar, causing significant economic losses. There was also a medium-high harvest in cereals: 152,000 tons (wheat, oats and barley), but with a significant reduction compared to the previous one (-25%), being again the northern part of the province the most affected, without the rising prices will mean a relief for the farmer who is gradually abandoning the crop. The vegetable campaign developed with ups and downs and with mountain peaks in the prices, highlighting the decrease in the average price of tomatoes by 15% (0.55 euros / kilo) and the resounding fall of cucumbers by 13% (0.20 euros / kilo ) by the end of 2020. Despite everything, cucumber cultivation remained strong, ...

Source: EComercio Agrario