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IFFO data show global fishmeal output in the first seven months of 2023 fell about 31% year on year, driven by a 76% drop in Peru. Fish oil output fell 30%, and China's fishing ban ended September 16 with below-par landings.
Sharply lower Peruvian and global fishmeal supply keeps the market tight and supports prices for aquafeed and livestock feed buyers.
aquafeed.comAquafeed Media SLUSep 25, 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.
