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Rabobank's second-half 2022 outlook expects shrimp prices, which have trended down since March, to stay under pressure while feed, freight and energy costs remain high. Demand growth in the US and EU is expected to cool as inflation erodes disposable incomes, while supply from Indonesia, Vietnam and Ecuador keeps growing.
Persistently high feed and freight costs combined with softer shrimp prices squeeze aquaculture margins, which can reduce farmers' appetite for feed ingredients over the coming months.
agnavigator.comJane ByrneAug 26, 2022Not 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.
