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IFFO's market intelligence shows total raw material intake in July 2021 across covered countries was about 35% below July 2020, as Peru's 2020 season ran into July while 2021 only captured the tail of the North/Centre season. Cumulative January-July 2021 output was nonetheless higher year on year, with fishmeal up 8% and fish oil up 17%.
Lower July landings tighten near-term fishmeal supply, but stronger cumulative output cushions the market, so fishmeal prices are likely to stay supported rather than spike.
thefishsite.comSep 10, 2021
aquafeed.co.ukJoy NelloolichalilSep 15, 2021
iffo.comSep 9, 2021
worldfishing.netOPTIMAR ASSep 17, 2021Not 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.
