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IFFO research presented in Buenos Aires found aquafeed carbon footprints rose about fourfold as marine ingredient use fell over two decades in Europe. Plant-based ingredients now dominate aquafeed formulations.
Continued substitution of plant protein for fishmeal shows structural demand shifting away from marine ingredients. This is a long-run bearish factor for fishmeal prices.
dairynews.todayOct 28, 2026Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
