# Rabobank salmon and shrimp prices %%page%% %%sep%% %%sitename%%

> Rabobank's Global Aquaculture Update for 2H 2022 says salmon and shrimp farmer profits are likely to decline from recent highs as seafood demand weakens on price corrections and high feed, freight and energy costs. It expects shrimp and salmon prices to rise considerably, especially in Q4, and says Peru's fishmeal output will not surpass 2021 levels.

- Date: 2022-07-27 · published 2022-07-27T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/40570-rabobank-salmon-and-shrimp-prices-page-sep-sitename
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower aquaculture margins could reduce farmed fish demand for feed, while tight Peruvian fishmeal supply supports fishmeal prices as substitutes get more expensive.

## Read by commodity

- SBM: neutral
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2016-12-09 | [Rabobank forecasts fishmeal production to improve, prices to decrease - Undercurrent News](https://feedsoft.ai/events/73563-rabobank-forecasts-fishmeal-production-to-improve-prices-to-decrease.md) | +0.5% | -0.8% |
| SBM | 2023-11-07 | [Global poultry markets recover as challenges ease - Rabobank
						 \| The Poultry Site](https://feedsoft.ai/events/33319-global-poultry-markets-recover-as-challenges-ease-rabobank-the-poultry-site.md) | +6.3% | -1.1% |
| SBM | 2023-11-30 | [Rabobank: Animal protein production growth will slow in 2024 \| Feed Strategy](https://feedsoft.ai/events/16138-rabobank-animal-protein-production-growth-will-slow-in-2024-feed-strategy.md) | -4.6% | -10.2% |
| SBM | 2024-04-12 | [CoBank: Grain, oilseed prices continue to slide \| World Grain](https://feedsoft.ai/events/30865-cobank-grain-oilseed-prices-continue-to-slide-world-grain.md) | +1.2% | +9.5% |
| SBM | 2022-07-19 | [Rabobank Poultry Report forecasts challenging global and U.S. markets \| The National Provisioner](https://feedsoft.ai/events/40637-rabobank-poultry-report-forecasts-challenging-global-and-u-s-markets-the.md) | +3.2% | +4.4% |

## Sources

- weareaquaculture.com: https://weareaquaculture.com/news/22643

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.