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Combined fishmeal and fish oil production fell in January 2026 across most regions monitored by IFFO, with exceptions in the US and Denmark/Norway. Chinese fishmeal imports declined while fish oil imports for human consumption rose, and South China fishmeal demand is expected to grow in Q1.
Reduced output from major producers and expected solid Chinese demand support firm fishmeal prices. Lower fishmeal imports from China offset some of that demand.
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.