:. Food Industry News

Categories: Food Ingredients News

Spain Grainbelt Suffers Storm Damage

Source: Reuters
26/05/2009

Madrid, May 25 - Freak storms hit import-hungry Spain's main grain producing region at the weekend, farmers said on Monday, and insurers were assessing the damage to a crop that was already expected to fall hard from last year.

Daily News Alerts

"Winter grains, vines, maize and sugar beet were all hit. Some rain would have been welcome, but there was little," a grain technician from the Asaja farm union said in the northern region of Castilla-Leon, which typically produces half of Spain's grain.

Officials at agricultural insurers Agroseguro said they were compiling data and expected to have an estimate of crop damage in the next few days.

The regional government in Castilla-Leon forecast earlier this month that farmers there would harvest 45 percent less wheat and 47 percent less barley than last year.

A sharp drop in prices led farmers to plant 8.5 percent less land to wheat and barley last winter, and many also cut back on costly fertiliser.

Light rain in recent weeks has prompted farmers' unions and grain merchants to predict this summer's grain harvest in Spain will fall to 13.5-15.4 million tonnes from a bumper 23.3 million last year.

Dealers said predictions of a poor domestic harvest were adding to recent upward pressure on prices <GRAES01>.

"The forecasts are not helping when we see increasing tension in other origins," a trader said.

Even with a bumper harvest like last year's, Spain cannot meet its grain needs and in the crop year ending in June is expected to import around 8 million tonnes.

Farmers have already made a tentative start on the wheat harvest in southern region Andalusia, but field work is not expected to gather pace until next week.





GO   View more articles on this subject


More Alerts from 26/05/2009


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Indian Farmers to Reap Good Harvest from Budget
US, UAE Firms Eye Zambian Farming Land
Acor and Tereos Reach Agreement on Sugar Refining and...
Food Staple Prices to Weather Financial Storm
Lakshmi Energy Plans Retail Thrust
Soft Commodity Prices to Rise 2008 on Supply, Biofuel...
Tight Supply to Drive Commodities Boom Till 2010 (DJ)
Australia Wheat Crop Estimates Cut in Record Heat
Sugar Supply Seen Tight Despite Plantings Boost
India Sugar Protest Forces Parliament to Shut

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228