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IFFO reports that global fishmeal production fell sharply in the first quarter of 2026, with March output down 38% year on year and cumulative output down 28%. Fish oil fell 12%, showing more resilience, and China's fishmeal demand has not yet seen its usual seasonal rebound.
Lower fishmeal supply from Peru and weak early Chinese restocking keep the protein market tight. Fishmeal prices are likely to stay firm, supporting soymeal demand as a substitute.
feedandadditive.comBurak VarolMay 22, 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.
