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A Follow the Money investigation reports that farmed salmon, prawns and sea bass depend heavily on fishmeal and fish oil made from wild fish. It says supplies are under pressure from demand growth, falling catches and extreme weather.
The structural reliance on wild-caught fishmeal, with supply already strained, supports elevated fishmeal prices and continued interest in plant-based alternatives.
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.