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The Philippine Department of Agriculture and partner institutes developed a low-cost aquafeed that replaces imported fishmeal with corn and poultry by-products and copra meal. Field tests on milkfish and tilapia are planned.
If adopted, the feed would reduce Philippine aquaculture demand for imported fishmeal and imported feed ingredients, a modest bearish factor for fishmeal.
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.