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Aquafeed.com reports IFFO's finding that global fishmeal and fish oil output improved about 30% in March 2021 year on year. First-quarter cumulative fishmeal production was up 60%, with Peru and Chile leading and Chinese output still poor.
Higher global fishmeal supply from South America tends to weigh on fishmeal prices, while Chinese shortfalls partly offset that pressure.
aquafeed.comAquafeed Media SLUMay 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.
