
Rabobank's Global Animal Protein Outlook 2023 said fishmeal and fish oil prices were well supported in 2022 by high prices of competing feed ingredients, even as supplies stayed flat. Fishmeal reached $1,600 per tonne FOB Peru and fish oil topped $3,000 per tonne for the first time.
High substitute feed prices keep marine ingredient prices firm, though Rabobank expects support to ease in 2023 as supply grows under a larger Peruvian quota.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.