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IFFO's director general said 2023 saw climate impacts and geopolitical issues drive feed prices up about 30%. Fishmeal output fell about 22% and fish oil about 20% in the first ten months of the year.
Reduced marine ingredient volumes and sustained competing demand from non-feed sectors keep feed ingredient prices elevated into 2024.
agnavigator.comJane ByrneDec 18, 2023Not 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.
