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. Fishmeal and fish oil prices rose sharply in late 2025 on stronger demand and a tighter market.
Industry sources debate how to build benchmark feed price indices that reflect ingredient quality and certification premiums.
Rising marine ingredient prices from a tight supply base raise feed costs for aquaculture and pressure fishmeal-dependent formulations, which can shift demand toward plant proteins.
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.