Spain: Grain Supply Chain Actors Agree on Drastic Crop Decline in Spain

Several Spain grain supply chain actors have released their first estimates for grain production for MY 2023/24 and concur with the poor crop prospects. The initially good crop projections following the abundant rains in December were negated by dry conditions and above average temperatures registered throughout the grain growing season. Late May precipitation was not sufficient to counter the drop in production, although it may ultimately help restore soil moisture and alleviate the tight water storage levels.