A World Bank Group diagnostic report recommends that Morocco allow controlled use of rendered animal proteins in aquafeed. The report notes that current restrictions push producers toward fishmeal and imported soybean meal.
Feed makes up 50-75% of marine aquaculture operating costs.
If Morocco adopts the change, demand for fishmeal and soybean meal in its aquaculture sector could slow over time. This is a recommendation only, so the price effect is small and long-term.
Not enough comparable past events yet for a historical read.
After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% 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.