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Undercurrent News reports on details of a deal involving Innovafeed, an insect-protein producer, focused on scaling up production and reaching price parity with fishmeal. The article's text is largely page furniture, so the deal terms are not fully visible.
If insect meal reaches price parity with fishmeal, it could gradually cap fishmeal prices by giving feed formulators a viable substitute.
undercurrentnews.comNick Sambides Jr.Sep 26, 2022Not 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.
