# Aquafeed.com |
   

   
    Global aquaculture: Demand reaches an inflection point as recession follows inflation

> Rabobank's latest aquaculture report says salmon prices will stay high but fall below their 1H 2022 peak, and shrimp prices may bottom in 1H 2023. Fishmeal prices remain supported by firm demand and limited supply growth despite softer soymeal prices. Recessionary behavior is reported in US and European retail and food service.

- Date: 2023-01-23 · published 2023-01-23T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/37882-aquafeed-com-global-aquaculture-demand-reaches-an-inflection-point-as-recession
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Firm fishmeal demand alongside limited supply growth supports fishmeal prices, which matters for aquafeed costs. Weaker soymeal prices partly offset this on the terrestrial side.

## Read by commodity

- SBM: bearish ▼
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-03-14 | [Global soybean crush forecast hits record high amid increased demand \| Feed & Grain](https://feedsoft.ai/events/25657-global-soybean-crush-forecast-hits-record-high-amid-increased-demand-feed-and.md) | -0.8% | -0.2% |
| SBM | 2024-08-12 | [Soybean Futures Crumble Following Increased Acres, Record Yield and Production](https://feedsoft.ai/events/10465-soybean-futures-crumble-following-increased-acres-record-yield-and-production.md) | -6.5% | -2.3% |
| SBM | 2026-04-10 | [USDA slightly raised its forecast for global oilseed production, so prices remain under pressure from increased supply](https://feedsoft.ai/events/19842-usda-slightly-raised-its-forecast-for-global-oilseed-production-so-prices.md) | +4.4% | +2.0% |
| SBM | 2021-11-30 | [Falling demand for soybean meal expected in EU — Latifundist.com](https://feedsoft.ai/events/12233-falling-demand-for-soybean-meal-expected-in-eu-latifundist-com.md) | +2.7% | +16.6% |
| SBM | 2017-06-29 | [In 2017 – 2018г. global production of oil meals will reach a new record](https://feedsoft.ai/events/70616-in-2017-2018-global-production-of-oil-meals-will-reach-a-new-record.md) | +8.6% | +9.4% |

## Sources

- aquafeed.com: https://www.aquafeed.com/newsroom/reports/global-aquaculture-demand-reaches-an-inflection-point-as-recession-follows-inflation/

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