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A study in Aquaculture Research found that fishmeal and fish oil can be fully replaced in largemouth bass feed at economically viable cost. It cites fishmeal at about $1,429/tonne and soybean meal at roughly half that price.
Evidence that cheaper plant-based ingredients can replace fishmeal reduces long-run fishmeal demand, though the study has no immediate price effect.
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.