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The FAO reports that global aquaculture output reached 214 million metric tons in 2020, driven by growth in Asia. It calls for a sustainable expansion of the sector and outlines a Blue Transformation roadmap targeting 35% growth in sustainable aquaculture by 2030.
Expanding aquaculture will steadily raise demand for fishmeal, fish oil and plant-based feed ingredients, supporting prices over the long run.
agtechnavigator.comJane ByrneAug 2, 2022Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
