Drought in Spain significantly reduces the wheat harvest, while Hungary will increase its wheat harvest

Wheat

Hungary

Spain

Published Aug 10, 2023

Tridge summary

Spain is experiencing a significant decrease in its wheat harvest due to drought, which may lead to the country relying on grain imports. The drought has already affected 80% of the wheat-growing area, resulting in a 67% reduction in grain production. Spain is expected to increase its imports, potentially turning to alternative suppliers like Brazil or Argentina. On the other hand, Hungary is forecasted to increase its wheat harvest and expects higher yields in other grains as well.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Spain may have its lowest wheat harvest in decades, leaving the country dependent on grain imports, EuroWeekly News reports. The main reason for the reduction of grain production in the country is drought. In addition, Spain is already feeling the effects of last year's poor harvest, and this year's harvest is forecast to be even worse, according to the Coordinating Council's (COAG) head of cereals, José Roales. COAG estimates that the drought has already affected 80% of the area under wheat, leading to large-scale losses in the grain sector. Thus, the production of grain crops in Spain decreased from 15.5 million tons in 2022 to 5 million tons in 2018. (-67% for the year). It is worth noting that the annual demand for grain in Spain is approximately 36.1 million tons, against the background of which it is expected that in the country will be forced to increase its import. At the same time, against the background of difficulties in obtaining grain from Ukraine, Spain will look for ...

Source: Agroconf