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RaboResearch's Global Aquaculture Update H1 2026 says seafood demand is resilient despite geopolitical uncertainty. Salmon output growth is expected to be only 0% to 2% in the first half of 2026 as Norway and Chile enter the year with constrained biomass.
Limited salmon supply and steady demand support seafood prices, while fishmeal tightness persists as a feed cost concern.
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.