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The drought in Andalucía is anticipated to drive down area planted to cotton in Spain in MY2022/23. However, cotton crop area is highly inelastic given the few alternative crops available, and the fact that a significant part of the CAP payment to cotton continues to be linked to production partially offsets the potential area reduction.
A shifting political landscape in the EU has led to fears that voting “against” import authorization of Genetically Engineered (GE) crops is becoming perilously close to a new norm.