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Spain's forage sector closed the 2025/26 campaign with dehydration-destined production down 12% to 996,145 tonnes, 21% below the five-year average. In Aragon, output fell 18.5% to 562,339 tonnes, and cultivated area was 8.5% smaller both regionally and nationally.
Lower domestic dehydrated alfalfa output tightens Spanish supply of this high-protein roughage used in feed, which can support prices for alfalfa hay and dehydrated alfalfa in the EU.
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.