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Salmon feed prices reached a record, with dry feed around $1.48/kg in Q1 2022, up 10% since the start of the year. BioMar cites higher raw material, transport and energy costs linked to the Russia-Ukraine war.
Wheat's sharp rise since the invasion raises feed formulation costs, while soybean meal prices have eased over the spring, a mixed signal for ingredient buyers.
salmonbusiness.comEditorial TeamJun 29, 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.
