Recently Released Market Study: Spain Agribusiness Report Q3 2012
BMI View: We maintain our cautious outlook for production growth in Spain during 2012/13 as severe droughts have affected grain crops during plantings in the main growing regions of the country. In addition to the grains sector, we believe that the dry conditions could affect the livestock and dairy industries via herd growth in pasture lands, and therefore meat and dairy production. This, combined with a highly discouraging macroeconomic environment and weak consumer spending will act as major discouragements for...
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