# Fishmeal production up 3.6% in 2021; more growth expected | Feed Strategy

> Fishmeal production in IFFO-sampled countries reached 2.4 million tonnes in 2021, up 3.6%, with industry expecting further growth. Fish oil prices are reaching record highs as output lags.

- Date: 2022-02-10 · published 2022-02-10T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42618-fishmeal-production-up-3-6-in-2021-more-growth-expected-feed-strategy
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expectations of continued fishmeal abundance are bearish for fishmeal prices, while record fish oil prices raise costs for aquafeed and feed formulators.

## Read by commodity

- PALMOIL: bullish ▲
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-12-15 | [Palm oil falls 1% MoM on lower production, expected to improve in 2022 15.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/15860-palm-oil-falls-1-mom-on-lower-production-expected-to-improve-in-2022-15-12-2021.md) | -1.1% | +8.2% |
| PALMOIL | 2025-02-13 | [BERNAMA - CPOPC Forecasts Modest 2025 Growth In Palm Oil Production](https://feedsoft.ai/events/26151-bernama-cpopc-forecasts-modest-2025-growth-in-palm-oil-production.md) | +1.4% | -0.3% |
| PALMOIL | 2024-11-26 | [Malaysia's 2024 biodiesel exports projected to hit five-year high amid stable production: USDA \| S&P Global](https://feedsoft.ai/events/15608-malaysia-s-2024-biodiesel-exports-projected-to-hit-five-year-high-amid-stable.md) | +1.7% | -2.5% |
| PALMOIL | 2017-02-02 | [Palm Oil Production Indonesia Fell 3% in 2016, Exports Down 5% \| Indonesia Investments](https://feedsoft.ai/events/12326-palm-oil-production-indonesia-fell-3-in-2016-exports-down-5-indonesia.md) | +2.1% | -5.8% |
| PALMOIL | 2021-11-13 | [Palm Oil News - CPO Gets More Expensive: Malaysian Production Decreased](https://feedsoft.ai/events/15867-palm-oil-news-cpo-gets-more-expensive-malaysian-production-decreased.md) | +2.4% | -4.6% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-nutrition/aquaculture/article/15442728/fishmeal-production-up-36-in-2021-more-growth-expected

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