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Analyst commentary from Undercurrent News says an acute fishmeal shortage is likely to push prices to record levels in the second half of 2023. The shortage follows the Peruvian anchovy season cancellation.
The article covers expectations for the coming months rather than a new event.
Fishmeal is a high-protein ingredient for aquafeed, and a shortage in the second half of 2023 supports firmer prices. Buyers should expect higher feed costs unless alternative protein supplies arrive.
undercurrentnews.comLouis HarkellAug 1, 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.
