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IFFO estimates 2024 global fishmeal production rose 26% and fish oil rose 12% over 2023, driven by Peru's anchoveta recovery. Peru's second season ended at 2.42 million tonnes, with Europe, Chile and others declining or offset.
A 26% rise in global fishmeal output is a bearish supply signal for fishmeal prices, which feed buyers track closely.
weareaquaculture.comMarta NegreteFeb 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.
