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IFFO reports that fishmeal and fish oil output fell across most monitored countries in January 2026, with exceptions in Denmark/Norway and the US. Analysts expect first-quarter demand in southern China to rise as aquaculture strengthens.
Falling production alongside rising Chinese aquaculture demand supports fishmeal prices. The tighter balance favors higher feed ingredient costs.
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.