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A World Fishing feature says aquaculture needs more diversified feed ingredients to sustain projected growth to 109 million tonnes by 2030. It notes that feed makers have long sought to replace fishmeal because of its steady price rises.
Continued interest in alternative proteins gradually limits fishmeal demand growth and caps its price. Plant and rendered proteins such as soybean meal may gain share.
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.