# Reduced raw material tonnage but higher cumulative FMFO production compared to 2020 | IFFO - The Marine Ingredients Organisation

> 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%.

- Date: 2021-09-09 · published 2021-09-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/44984-reduced-raw-material-tonnage-but-higher-cumulative-fmfo-production-compared-to
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- thefishsite.com: https://thefishsite.com/articles/fishmeal-consumption-drops-by-a-third
- aquafeed.co.uk: https://www.aquafeed.co.uk/iffos-recent-analysis-on-marine-ingredient-market-trends-53364/
- iffo.com: https://www.iffo.com/reduced-raw-material-tonnage-higher-cumulative-fmfo-production-compared-2020
- worldfishing.net: https://www.worldfishing.net/news/aquaculture/fmfo-volumes-up-raw-material-tonnage-down/

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