Loading…
The FAO reports that the North Sea mackerel quota for 2023 was cut by 13 percent and Canada extended its mackerel fishing moratorium. Japan faces a domestic mackerel shortage that has led some fishing companies to suspend sales.
Poor first-half landings of North Sea herring and a disappointing South American anchovy fishery add to the tighter supply picture.
Lower mackerel, herring and anchovy catches tighten the global supply of fish-based feed ingredients, which supports fishmeal prices. Buyers relying on fishmeal substitutes may face firmer demand and higher costs.
fao.orgAug 17, 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.
