# IFFO prioritizes responsible sourcing and accountability

> 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.

- Date: 2023-12-18 · published 2023-12-18T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/32816-iffo-prioritizes-responsible-sourcing-and-accountability
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Reduced marine ingredient volumes and sustained competing demand from non-feed sectors keep feed ingredient prices elevated into 2024.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- agnavigator.com: https://www.agnavigator.com/Article/2023/12/18/iffo-prioritizes-responsible-sourcing-and-accountability/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.