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IFFO's market intelligence shows total fishmeal and fish oil production in the reporting countries rose 6% year on year through November 2021. Peru, Chile and India were the only regions with higher fishmeal output, and China's imported fishmeal shipments kept rising.
Rising Chinese import demand alongside modest supply growth from Peru, Chile and India supports fishmeal prices, though supply gains are modest.
aquafeed.co.ukJoy NelloolichalilJan 17, 2022Not enough comparable past events yet for a historical read.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.
