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IFFO reports Peruvian anchovy supply rose sharply year-on-year, making 2024 fishmeal production higher than 2023 while other regions declined over the first nine months. Nearly 20% of the 2.51 million tonne North-Centre quota was already caught since the season opened on 1 November, the third-highest quota in a decade.
A larger Peruvian fishmeal supply eases the tight global fishmeal market, which can soften fishmeal prices and reduce the pull on soymeal and other protein substitutes in feed formulations.
weareaquaculture.comMarta NegreteNov 19, 2024
aquafeed.comAquafeed Media SLUNov 15, 2024
feedandadditive.comBurak VarolNov 29, 2024
foodagribusiness.worldTony McDougalNov 29, 2024
salmonbusiness.comMatthew WilcoxNov 15, 2024After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.
