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IFFO reported that fishmeal and fish oil production rose in 2024, with cumulative fishmeal output in the reporting countries up 40% through May. Peru completed its first anchovy season with more than 98% of quota landed.
Stronger output from Peru, which supplies about one-fifth of global fishmeal, increases supply and pressures fishmeal prices lower.
feedandadditive.comBurak VarolJul 23, 2024Not 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.
