# Cargill backs insect meal to approach fishmeal prices in coming years - Undercurrent News

> Cargill's aqua nutrition unit, led by Helene Ziv-Douki, says it sees potential to rapidly scale its partnership with French insect-protein firm Innovafeed. The company expects insect meal prices to approach fishmeal prices in the coming years.

- Date: 2022-01-20 · published 2022-01-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43232-cargill-backs-insect-meal-to-approach-fishmeal-prices-in-coming-years
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

If insect meal closes the price gap with fishmeal, it could gradually cap fishmeal pricing power in aquafeed and limit demand for fishmeal over time. The near-term price effect is limited.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2022/01/20/cargill-backs-insect-meal-to-approach-fishmeal-prices-in-coming-years/

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