
Spain’s forage sector produced about 15 million tonnes of green forage in 2025/26, 3% above the five-year average. For 2026/27, the Agriculture Ministry estimates total forage area at 525,000 hectares, with alfalfa area broadly stable at 211,679 hectares; dehydrated alfalfa exports rose 43.5%, while dehydrated forage production fell 12% year on year to 996,000 tonnes.
Stronger dehydrated alfalfa exports support demand for Spanish forage, while lower processed-forage output may limit available supply. Stable alfalfa acreage suggests no major near-term change in production potential.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.