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IFFO reported 2024 fishmeal output up 26% and fish oil up 12% versus 2023, with the Peruvian second season ending at 2.42 million metric tons and 96% of quota. Europe lost more than 100,000 tonnes of fishmeal output year on year.
The larger global fishmeal supply from Peru's recovery points to softer fishmeal pricing for feed buyers, partly offset by lower European output.
worldfishing.net2025-02-05T07:24:00+00:00Feb 5, 2025Not 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.
