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Fish meal prices used in aquaculture rose on average 4.4% in January 2022 in Portugal. The Seabream fish meal reference price moved from EUR 1,140.39 to EUR 1,189.47 per tonne, and was 17.41% higher than January 2021.
Rising fishmeal prices raise feed costs for aquaculture and can push buyers toward substitutes such as soymeal, with experts expecting increases to continue until at least the end of Q2.
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.