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Rabobank's latest aquaculture report expects the second half of 2023 to be the most challenging period for global aquaculture since 2020. Soft demand from inflation in the US and Europe persists, and shrimp demand may weaken further as Chinese demand moderates.
Weak aquafeed demand combined with El Niño-driven fishmeal price increases squeezes farm margins, which can reduce feed purchases and pressure fishmeal and related protein prices.
aquafeed.comAquafeed Media SLUJul 31, 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.
