AGP Executive Report
Last update: 10 hours agoPoultry Expansion: Spanish food group Grupo Fuertes has acquired Toledo-based Nutrave, its second poultry deal this year. Together, its 2026 acquisitions add capacity for more than 700,000 chickens a week. EU Farm Funding: Ireland’s draft would cut the next EU budget by 8%; agriculture and cohesion spending would fall 3%, with national allocations unchanged. Spain, a key cohesion-club member, has so far kept quiet as talks continue. Harvest and Market Pressures: Hail in northern Murcia threatens the olive harvest, while Spain’s produce trade faces mixed conditions: organic vegetable prices are above last year’s levels, figs are in oversupply, and tomato prices are under pressure. Food Costs: A Spanish food-policy campaigner has floated a week-long boycott of major supermarket chains to push for cheaper healthy food; no dates have been set. Portuguese farm groups, meanwhile, are seeking €140 million in support, citing rising costs and a disadvantage against Spanish competitors.
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