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IFFO says global fishmeal volumes look solid for 2023, with many major reduction fisheries performing well. The article reviews the anchovy, menhaden and sardine fisheries that supply the raw material for fishmeal.
It also notes that Peru's 2022 fishing and fish oil output fell after a lower quota was set for late 2021.
Stable reduction-fishery volumes point to adequate fishmeal supply for feed makers, which tends to keep prices from spiking. Peru's anchovy catch remains the main swing factor for the global benchmark.
hatcheryinternational.comJean Ko DinMar 6, 2023
manuremanager.comBree RodyMar 8, 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.
