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In 2019, Japanese production of forage crops accounted for 77 percent of demand.
Timothy hay was among a number of U.S. agricultural products that received new or expanded access under the U.S.-China Economic and Trade Agreement, which was signed on January 15, 2020.
Post anticipates a larger supply for MY2020/21, as a wet spring boosted fodder yields in non-irrigated land. Spanish fodder continues consolidating its presence in Asian markets.
The prolonged and ongoing drought in Northern Europe and the Baltics is significantly affecting arable crop and animal feed production in the EU.