
Spain’s forage sector produced about 15 million tonnes in green weight in 2025/26, 3% above the average of the previous five seasons. For 2026/27, preliminary planted area is 525,000 hectares, up 1% year on year; alfalfa area is forecast to hold steady, vetch area to rise 4.7%, and forage corn area to fall 3%.
Dehydrated forage output was 996,000 tonnes in 2025/26, down 12% from the prior season.
The modest increase in total forage area could support feed availability in Spain, while lower dehydrated-forage production may tighten that product’s supply and lend prices support.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.