Loading…
An ADM Capital Foundation report warns that climate change and overfishing for fishmeal could cause near collapse of fisheries in the East and South China Seas by 2100. The South China Sea could lose up to 6.4 million metric tons of fish biomass.
The report recommends shifting feed away from fish-based products.
Long-term fish supply risk tightens the fishmeal outlook and supports the shift to alternative proteins, but the impact is decades away and does not move current prices.
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.