# Global fish oil and meal prices expected to ease from last year’s…

> Rabobank's Global Animal Protein Outlook 2023 expects fish oil and fishmeal prices to ease from 2022 highs as supply increases. Peru's December–March anchovy quota was set 11.5% above the prior year, and European quotas are improving. Fishmeal reached about US$1,600/tonne and fish oil surpassed US$3,000/tonne in 2022.

- Date: 2023-01-17 · published 2023-01-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/37881-global-fish-oil-and-meal-prices-expected-to-ease-from-last-year-s
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Larger Peruvian and European quotas add supply to marine proteins, which should pressure fishmeal and fish oil prices lower from record levels. Rabobank cautions that tight terrestrial feed supplies could limit the decline.

## Read by commodity

- SBM: neutral
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-09-30 | [Aquafeed.com \|
   

   
    Global fishmeal and fish oil production surges in 2024](https://feedsoft.ai/events/28383-aquafeed-com-global-fishmeal-and-fish-oil-production-surges-in-2024.md) | -2.5% | -10.5% |
| SBM | 2024-02-12 | [USDA experts adjusted forecasts for global vegetable oils and meal production](https://feedsoft.ai/events/31794-usda-experts-adjusted-forecasts-for-global-vegetable-oils-and-meal-production.md) | -0.4% | -4.1% |
| SBM | 2024-02-28 | [U.S. biofuel credit prices hit 3-year low, expected to stay weak, EIA says](https://feedsoft.ai/events/31768-u-s-biofuel-credit-prices-hit-3-year-low-expected-to-stay-weak-eia-says.md) | -0.4% | +0.5% |
| SBM | 2025-02-28 | [Prices face pressure as larger U.S. crops expected this year \| The Western Producer](https://feedsoft.ai/events/26080-prices-face-pressure-as-larger-u-s-crops-expected-this-year-the-western-producer.md) | +1.7% | +1.5% |
| SBM | 2018-06-21 | [Aquafeed.com \|
   

   
    EUMOFA Highlights: Global fishmeal and fish oil production increased in 2017](https://feedsoft.ai/events/64606-aquafeed-com-eumofa-highlights-global-fishmeal-and-fish-oil-production.md) | +0.2% | -1.3% |

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/global-fish-oil-and-meal-prices-expected-to-ease-from-last-years-high-due-to-increased-supply

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.