# IFFO: Fishmeal production down, fish oil holds firmer ground - Feed & Additive Magazine

> 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.

- Date: 2026-05-22 · published 2026-05-22T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19165-iffo-fishmeal-production-down-fish-oil-holds-firmer-ground-feed-and-additive
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-05-07 | [Aquafeed.com \|
   

   
    Fishmeal production falls sharply in early 2026 as fish oil shows resilience](https://feedsoft.ai/events/19162-aquafeed-com-fishmeal-production-falls-sharply-in-early-2026-as-fish-oil-shows.md) | +7.3% | +1.3% |
| SBM | 2024-11-11 | [Global soybean market faces challenges amid oilseed production decline \| Feed & Grain](https://feedsoft.ai/events/27430-global-soybean-market-faces-challenges-amid-oilseed-production-decline-feed-and.md) | -1.9% | -4.2% |
| SBM | 2025-12-01 | [As fishmeal shortage nears, stakeholders call for controlled ramp up of insect feed production](https://feedsoft.ai/events/22046-as-fishmeal-shortage-nears-stakeholders-call-for-controlled-ramp-up-of-insect.md) | -2.5% | -4.4% |
| SBM | 2025-08-13 | [Global oilseeds production forecast lowered on multiple crop declines \| Feed & Grain](https://feedsoft.ai/events/23433-global-oilseeds-production-forecast-lowered-on-multiple-crop-declines-feed-and.md) | +3.1% | +4.2% |
| SBM | 2017-01-28 | [3.7% rise in animal feed production](https://feedsoft.ai/events/73101-3-7-rise-in-animal-feed-production.md) | -3.3% | -3.5% |

## Sources

- feedandadditive.com: https://www.feedandadditive.com/iffo-fishmeal-production-down-fish-oil-holds-firmer-ground/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.